Reported 29 days ago
Canaccord Genuity has initiated coverage on Gold Fields Limited (NYSE:GFI) with a 'Buy' rating and a price target of $33, highlighting the company's strong growth potential due to expansions at its mines through 2026 and ongoing developments. The investment bank anticipates significant debt reduction by 2027, which may enhance the company’s capacity for mergers and acquisitions while also improving shareholder returns.
Source: YAHOO