RBC Capital Sticks to Its Hold Rating for Gold Fields (GFI)


In a report released yesterday, Tyler Broda from RBC Capital maintained a Hold rating on Gold Fields (GFI), with a price target of $15.25. The company’s shares closed last Thursday at $11.71.

According to TipRanks.com, Broda is a 2-star analyst with an average return of 0.2% and a 47.8% success rate. Broda covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group, Sibanye Stillwater, and Anglogold Ashanti.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gold Fields with a $13.50 average price target.

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The company has a one-year high of $14.90 and a one-year low of $3.79. Currently, Gold Fields has an average volume of 8.57M.

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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 on May 03, 1968 and is headquartered in Johannesburg, South Africa.

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