Stock of the Day: Is Buying Stock Like Gold Fields Limited (ADR) After Such Increase Winning Strategy?


Stock of the Day: Is Buying Stock Like Gold Fields Limited (ADR) After Such Increase Winning Strategy?

The stock of Gold Fields Limited (ADR) (NYSE:GFI) is a huge mover today! About 4.36 million shares traded hands. Gold Fields Limited (ADR) (NYSE:GFI) has risen 7.24% since March 15, 2016 and is uptrending. It has outperformed by 1.75% the S&P500.
The move comes after 6 months positive chart setup for the $3.63 billion company. It was reported on Oct, 18 by We have $7.24 PT which if reached, will make NYSE:GFI worth $2.36 billion more.

Gold Fields Limited (ADR) (NYSE:GFI) Ratings Coverage

Out of 6 analysts covering Gold Fields Limited (NYSE:GFI), 1 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 17% are positive. Gold Fields Limited has been the topic of 10 analyst reports since August 31, 2015 according to StockzIntelligence Inc. Goldman Sachs upgraded the stock to “Buy” rating in Friday, July 8 report. The stock has “Sector Perform” rating given by Howard Weil on Monday, August 31. The firm has “Sell” rating by Goldman Sachs given on Thursday, March 24. The rating was downgraded by JP Morgan on Monday, September 14 to “Neutral”. The rating was upgraded by Goldman Sachs to “Neutral” on Monday, January 18. The firm earned “Sector Perform” rating on Tuesday, September 1 by Scotia Capital. The stock of Gold Fields Limited (ADR) (NYSE:GFI) earned “Neutral” rating by Macquarie Research on Tuesday, March 15. On Friday, January 15 the stock rating was upgraded by Goldman Sachs to “Neutral”. As per Tuesday, December 1, the company rating was downgraded by RBC Capital Markets. RBC Capital Markets maintained the shares of GFI in a report on Thursday, November 19 with “Outperform” rating.

According to Zacks Investment Research, “Gold Fields Limited is one of the world’s largest unhedged gold producers with operating mines in South Africa, Ghana, and Australia.”

More news for Gold Fields Limited (ADR) (NYSE:GFI) were recently published by:, which released: “Gold Fields upgraded to outperform from sector perform at RBC Capital” on December 21, 2009.‘s article titled: “Gold Fields Limited: South Deep Is Cash Flow Positive With Fed’s Rates Unchanged” and published on September 22, 2016 is yet another important article.

GFI Company Profile

Gold Fields Limited (Gold Fields), incorporated on May 3, 1968, is a gold mining company. The Firm is a producer of gold and a holder of gold reserves. The Firm is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru. It operates through four divisions: South Africa, Ghana, Australia and Peru. The Company’s South African operation is South Deep. Gold Fields also owns the St. Ives mine, the Agnew mine and the Yilgarn South Assets in Australia, and has an interest in each of the Tarkwa gold mine and the Damang gold mine in Ghana. Gold Fields also owns an economic interest in the Cerro Corona mine. In Peru, Gold Fields also produces copper. In addition, Gold Fields has gold and other precious metal exploration activities and interests in Africa, Eurasia, Australasia and the Americas. Gold Fields has attributable proven and probable gold and copper reserves of approximately 46.1 million ounces of gold and over 530 million pounds of copper.

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