Gold Fields Upgraded by CIBC to “Sector Perform” (GFI)
Gold Fields (NYSE:GFI) was upgraded by investment analysts at CIBC from an “underperform” rating to a “sector perform” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports.
Gold Fields (NYSE:GFI) traded up 1.70% on Thursday, hitting $4.485. The stock had a trading volume of 1,814,161 shares. Gold Fields has a 52 week low of $4.39 and a 52 week high of $11.2231. The stock’s 50-day moving average is $5.23 and its 200-day moving average is $5.98. The company has a market cap of $3.303 billion and a price-to-earnings ratio of 8.12.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. upgraded shares of Gold Fields (NYSE:GFI) from a “sell” rating to a “neutral” rating in a research note to investors on Monday, September 23rd. Finally, analysts at HSBC raised their price target on shares of Gold Fields (NYSE:GFI) from $5.80 to $6.50 in a research note to investors on Thursday, August 8th. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $6.25.
Gold Fields Limited (NYSE:GFI) is a holding company.
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