On 12/28/23, Gold Fields Ltd (NYSE: GFI) stock suffered a major decline of -10.7%, closing at $14.41. Moreover, exceptionally high trading volume at 256% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -11.5% during the last week.
Current PriceTarget Research Rating
GFI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Gold Fields has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Gold Fields has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 38, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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