Gold Fields Limited – Consensus Indicates Potential -4.0% Downside

Broker Ratings
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Gold Fields Limited with ticker code (GFI) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 14 and 12 with the average target price sitting at 12.56. Given that the stocks previous close was at 13.08 this would imply there is a potential downside of -4.0%. The 50 day moving average now sits at 10.74 and the 200 day MA is 9.94. The company has a market capitalisation of $11,274m. Company Website: https://www.goldfields.com

The potential market cap would be $10,826m based on the market concensus.

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.24 million ounces, as well as gold mineral reserves of approximately 52.1 million ounces and mineral resources of approximately 116.0 million ounces. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.

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