Gold Fields Limited (NYSE:GFI) Upgraded at Goldman Sachs Group, Inc

Barings LLC continued to hold its stake in Gold Fields Limited (NYSE:GFI) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. (The) from a “sell” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, June 29th, Marketbeat.com reports.

Other equities analysts also recently issued reports about the stock. The legal version of this report can be read at https://stocknewstimes.com/2017/07/29/exane-derivatives-sells-60789-shares-of-gold-fields-limited-gfi-updated.html. BidaskClub raised Gold Fields Limited from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Royal Bank Of Canada lowered Gold Fields Limited from a “sector perform” rating to an “underperform” rating in a research report on Monday, April 24th. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. At the time of writing, the First Call consensus price target for the company is $3.22.

Shares of Gold Fields Limited (NYSE:GFI) traded down 0.383% on Thursday, hitting $3.905. The stock had a trading volume of 5,023,422 shares. The stock recently touched the 4.04 price, and was noted trading 14.89% away from the 200-day moving average at last check.

ILLEGAL ACTIVITY WARNING: This story was published by BNB Daily and is the property of of BNB Daily. If you are viewing this article on another site, it was illegally copied and reposted in violation of USA & global trademark & copyright law. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. After a recent spot-check, the stock has touched $3.88 which represents a change from the open of -0.89%. The value of the total investment in Gold Fields Limited American De increased from $616,000 to $890,000 a change of $274,000 quarter over quarter. Van ECK Associates Corp now owns 57,569,105 shares of the company’s stock worth $203,219,000 after buying an additional 8,520,711 shares during the period. As of quarter end Russell Investments Group, Ltd. had disposed of a total of 577,563 shares trimming its stake by 78.8%. Virtu Financial LLC bought a new position in shares of Gold Fields Limited during the second quarter valued at $136,000. Credit Agricole S A purchased a new stake in Gold Fields Limited during the first quarter worth approximately $5,080,000. Trust Co. of Vermont now owns 41,400 shares of the company’s stock valued at $144,000 after buying an additional 28,000 shares in the last quarter. Two Sigma Investments LP raised its stake in shares of Gold Fields Limited by 414.5% in the fourth quarter. Institutional investors and hedge funds own 33.28% of the company’s stock.

Gold Fields, which has operations in Peru, Ghana, South Africa and Australia, benefits when the currencies in the markets its mines are located in are weaker because its costs are mainly in those units.

Gold Fields said the mining companies meant to defend the suits, but would continue to work with the government, labour and claimants “to seek a solution to this South African mining industry legacy issue”.

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