Shares of Gold Fields Limited (NYSE:GFI – Get Free Report) have earned an average rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $15.93.
Several analysts recently commented on the stock. Scotiabank cut their price objective on shares of Gold Fields from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research report on Monday, August 26th. StockNews.com downgraded shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 5th. Investec raised shares of Gold Fields from a “hold” rating to a “buy” rating in a report on Friday, October 18th. Finally, Bank of America began coverage on shares of Gold Fields in a report on Monday, September 16th. They set a “buy” rating and a $16.00 price target on the stock.
Check Out Our Latest Stock Report on GFI
Hedge Funds Weigh In On Gold Fields
Gold Fields Stock Performance
Shares of GFI stock opened at $13.73 on Friday. Gold Fields has a one year low of $12.19 and a one year high of $18.97. The company’s 50-day moving average is $15.68 and its 200 day moving average is $15.71. The company has a market capitalization of $12.28 billion, a price-to-earnings ratio of 7.11, a price-to-earnings-growth ratio of 0.47 and a beta of 1.16.
Gold Fields Cuts Dividend
The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, September 26th. Stockholders of record on Friday, September 13th were paid a $0.1692 dividend. This represents a dividend yield of 2.2%. The ex-dividend date was Friday, September 13th. Gold Fields’s dividend payout ratio (DPR) is presently 13.99%.
About Gold Fields
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. It also explores for copper and silver deposits. The company was founded in 1887 and is based in Sandton, South Africa.
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