Shares of Gold Fields Limited (NYSE:GFI – Get Free Report) have been assigned a consensus rating of “Hold” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $17.20.
A number of brokerages recently commented on GFI. Scotiabank upped their target price on Gold Fields from $18.00 to $20.00 and gave the company a “sector perform” rating in a report on Tuesday, February 25th. StockNews.com upgraded Gold Fields from a “buy” rating to a “strong-buy” rating in a report on Friday. Finally, JPMorgan Chase & Co. upped their target price on Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a report on Wednesday, January 15th.
View Our Latest Research Report on Gold Fields
Institutional Investors Weigh In On Gold Fields
Gold Fields Stock Down 3.0 %
Shares of Gold Fields stock opened at $20.13 on Friday. The company has a market cap of $18.02 billion, a PE ratio of 8.57, a P/E/G ratio of 0.30 and a beta of 1.14. The business has a 50 day moving average of $17.67 and a 200 day moving average of $15.89. Gold Fields has a 52 week low of $12.98 and a 52 week high of $20.83.
Gold Fields Increases Dividend
The company also recently declared a semi-annual dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be paid a $0.3752 dividend. This represents a yield of 1.6%. This is a boost from Gold Fields’s previous semi-annual dividend of $0.17. The ex-dividend date is Friday, March 14th. Gold Fields’s dividend payout ratio is presently 25.53%.
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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