FY2027 EPS Estimates for Gold Fields Increased by Scotiabank

Gold Fields Limited (NYSE:GFI) – Equities research analysts at Scotiabank boosted their FY2027 earnings per share (EPS) estimates for Gold Fields in a research note issued to investors on Thursday, February 26th. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $4.84 per share for the year, up from their previous forecast of $4.82. Scotiabank currently has a “Sector Perform” rating and a $61.00 target price on the stock. The consensus estimate for Gold Fields’ current full-year earnings is $1.97 per share.

Other equities analysts have also issued research reports about the stock. Royal Bank Of Canada cut their price target on shares of Gold Fields to $45.00 and set an “outperform” rating on the stock in a report on Monday, November 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gold Fields in a report on Thursday, January 22nd. Citigroup upped their price target on Gold Fields from $50.00 to $57.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Morgan Stanley downgraded Gold Fields from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 23rd. Finally, Zacks Research raised Gold Fields from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Gold Fields presently has a consensus rating of “Hold” and an average price target of $44.00.

Gold Fields Price Performance

GFI opened at $57.83 on Monday. Gold Fields has a fifty-two week low of $18.25 and a fifty-two week high of $61.64. The company’s 50 day moving average price is $51.34 and its two-hundred day moving average price is $43.64.

Institutional Investors Weigh In On Gold Fields

A number of hedge funds have recently added to or reduced their stakes in GFI. Thrivent Financial for Lutherans purchased a new position in Gold Fields in the third quarter valued at about $4,314,000. Summit Global Investments raised its holdings in shares of Gold Fields by 91.9% in the 3rd quarter. Summit Global Investments now owns 46,205 shares of the company’s stock worth $1,939,000 after purchasing an additional 22,133 shares during the period. AdvisorShares Investments LLC purchased a new position in Gold Fields in the third quarter valued at approximately $1,889,000. DJE Kapital AG grew its holdings in Gold Fields by 19.7% during the second quarter. DJE Kapital AG now owns 4,511,125 shares of the company’s stock valued at $105,260,000 after purchasing an additional 742,174 shares during the period. Finally, Cibc World Market Inc. increased its position in Gold Fields by 1,180.0% in the third quarter. Cibc World Market Inc. now owns 159,101 shares of the company’s stock worth $6,676,000 after buying an additional 146,671 shares during the last quarter. 24.81% of the stock is currently owned by institutional investors.

Gold Fields Company Profile

Gold Fields (NYSE: GFI) is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company’s core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.