B+
Bull case
20%
Probability
Target price
$69.72
+80.8% vs current
Market tone is neutral-to-cautious: medians sit near the current price but a wide high/low spread produces divergent analyst views. Near-term focus is the Feb 19 FY2025 results which should drive immediate re-pricing risk [#SERP-1][#SERP-5].
No evidence quality warning is currently attached to this memo.
FY2025 results and management commentary (guidance/AISC/production) on 2026-02-19; likely to trigger near-term re-pricing [#SERP-5].
Quarterly operational update that could change AISC and production expectations; modeled by 2026-04-30 if not earlier [#SERP-5].
A sustained multi-quarter gold-price rally or reserve/revaluation could re-rate Gold Fields over a 12-month horizon [#SERP-2].
No formal recommendation provided.