Gold Fields Ltd (NYSE: GFI) stock enjoyed a major increase of 10.6% on 12/14/23. The shares closed at $16.32. Moreover, this advance was accompanied by exceptionally high trading volume at 224% of normal. The stock has performed in line with the market over the last nine months and has risen 11.9% 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 53 and a slightly negative Power Rating of 32, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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