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New Buy Rating for Gold Fields (GFI), the Basic Materials Giant

Tipranks - Tipranks - Thu Apr 16, 8:55PM CDT

In a report released yesterday, Josh Wolfson from RBC Capital maintained a Buy rating on Gold Fields, with a price target of $68.00.

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Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Barrick Mining, and Franco-Nevada. According to TipRanks, Wolfson has an average return of 24.7% and a 68.68% success rate on recommended stocks.

Gold Fields has an analyst consensus of Hold, with a price target consensus of $68.00.

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Based on Gold Fields’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.29 billion and a net profit of $2.55 billion. In comparison, last year the company earned a revenue of $3.08 billion and had a net profit of $856 million

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