Scotiabank Sticks to Its Hold Rating for Gold Fields Ltd (GFI)


In a report released yesterday, Tanya Jakusconek from Scotiabank reiterated a Hold rating on Gold Fields Ltd (NYSE: GFI), with a price target of $4. The company’s shares closed yesterday at $2.93, close to its 52-week low of $2.90.

According to TipRanks.com, Jakusconek is ranked 0 out of 5 stars with an average return of -6.5% and a 31.1% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Randgold Resources Limited, Barrick Gold, and Buenaventura.

Gold Fields Ltd has an analyst consensus of Hold, with a price target consensus of $4.

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The company has a one-year high of $4.70 and a one-year low of $2.90. Currently, Gold Fields Ltd has an average volume of 3.39M.

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Gold Fields Ltd. is a gold mining company, which engages in the production of gold and operation of mines. Its operating mines are located in Australia, Ghana, Peru, and South Africa. The company was founded in 1968 and is headquartered in Johannesburg, South Africa.

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