Zacks downgraded shares of Gold Fields (NYSE: GFI) from a neutral rating to an underperform rating in a report issued on Wednesday. They currently have $10.30 target price on the stock.
Shares of Gold Fields opened at 8.77 on Wednesday. Gold Fields has a one year low of $8.56 and a one year high of $13.8071. The stock’s 50-day moving average is currently $10.17. The company has a market cap of $6.398 billion and a P/E ratio of 9.98.
The company also recently declared a semiannual dividend, which is scheduled for Thursday, March 21st. Shareholders of record on Friday, March 8th will be given a dividend of $0.08 per share. This represents a yield of 1.64%. The ex-dividend date of this dividend is Wednesday, March 6th.
A number of other analysts have also recently weighed in on GFI. Analysts at Bank of America downgraded shares of Gold Fields from a buy rating to a neutral rating in a research note to investors on Friday, February 15th. Separately, analysts at CIBC downgraded shares of Gold Fields from a sector perform rating to an underperform rating in a research note to investors on Friday, February 15th. Finally, analysts at CIBC downgraded shares of Gold Fields from a sector performer rating to a sector underperformer rating in a research note to investors on Friday, February 15th.
Four research analysts have rated the stock with a buy rating, one has assigned an overweight rating, five have issued a hold rating, and three have issued a sell rating to the stock. The stock has a consensus rating of hold and an average target price of $10,189.48.
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