Gold Fields (NYSE: GFI) was downgraded by investment analysts at JPMorgan Chase & Co. (NYSE: JPM) from an “overweight” rating to a “neutral” rating in a note issued to investors on Thursday.
Separately, analysts at Zacks Investment Research downgraded shares of Gold Fields from a “neutral” rating to an “underperform” rating in a research note to investors on Saturday, January 21st. Also, analysts at HSBC (NYSE: HBC) cut their price target on shares of Gold Fields from $30.00 to $25.00 in a research note to investors on Thursday, December 8th. They now have an “overweight” rating on the stock.
Gold Fields Limited (Gold Fields) is a South Africa-based company. Gold Fields is a producer of gold and major holder of gold reserves in South Africa, Ghana, Australia and Peru. In Peru, Gold Fields also produces copper. Gold Fields is primarily involved in underground and surface gold and copper mining and related activities, including exploration, extraction, processing and smelting. Gold Fields also has an interest in a platinum group metal exploration project in Finland. Its South African operations are Driefontein, Kloof, Beatrix and South Deep. Gold Fields also owns the St. Ives and Agnew gold mining operations in Australia and has a 71.1% interest in each of the Tarkwa gold mine and the Damang gold mine in Ghana. Gold Fields also owns an 80.72% economic interest in the Cerro Corona mine. In addition, Gold Fields has gold and other precious metal exploration activities and interests in Africa, Eurasia, Australasia and the Americas.
Shares of Gold Fields opened at 16.34 on Thursday. Gold Fields has a 52 week low of $13.62 and a 52 week high of $18.70. The stock’s 50-day moving average is $15.62 and its 200-day moving average is $16.08. The company has a market cap of $11.816 billion and a P/E ratio of 26.02.