Morgan Stanley upgraded Gold Fields (GFI) to Equal Weight from Underweight with a price target of ZAR 77,000, up from ZAR 68,000. The firm is raising its earnings estimates and price targets across its gold coverage due primarily to its higher gold price forecast, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GFI:
- Gold Fields price target lowered to $76 from $80 at JPMorgan
- Gold Fields Publishes 2025 B-BBEE Compliance Report and Certificate
- Gold Fields Releases 2025 Annual Reports and Unveils New Sustainability and Tax Transparency Disclosures
- Gold Fields Discloses February 2026 Insider Dealings Under 2012 Share Plan
- Gold Fields Discloses Van Eck Clients Building 5.42% Stake