RBC Capital Keeps Their Buy Rating on Gold Fields (GFI)
RBC Capital analyst Josh Wolfson maintained a Buy rating on Gold Fields yesterday and set 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 Triple Flag Precious Metals. According to TipRanks, Wolfson has an average return of 25.7% and a 70.29% success rate on recommended stocks.
In a report released on February 25, J.P. Morgan also maintained a Buy rating on the stock with a $80.00 price target.
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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