Kinross Gold Co. (K) Receives Average Recommendation of “Buy” from Brokerages
Shares of Kinross Gold Co. (TSE:K) (NYSE:KGC) have received a consensus recommendation of “Buy” from the seven brokerages that are covering the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$6.80.
A number of analysts have commented on K shares. TD Securities reaffirmed a “buy” rating and set a C$7.50 price target on shares of Kinross Gold in a research report on Monday, July 25th. Scotiabank reaffirmed a “sector perform” rating and set a C$8.50 price target on shares of Kinross Gold in a research report on Thursday, November 3rd. Canaccord Genuity lowered their price target on Kinross Gold from C$9.75 to C$8.00 in a research report on Monday, October 24th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$10.00 price target on shares of Kinross Gold in a research report on Friday, September 23rd.
Kinross Gold (TSE:K) traded up 0.108% during mid-day trading on Tuesday, reaching $4.615. The company had a trading volume of 3,139,552 shares. The stock’s 50-day moving average price is $4.97 and its 200 day moving average price is $5.98. The firm’s market capitalization is $5.75 billion. Kinross Gold has a 52 week low of $1.91 and a 52 week high of $7.56.
Kinross Gold Company Profile
Kinross Gold Corporation is gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. Its segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
Receive News & Stock Ratings for Kinross Gold Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold Co. and related stocks with our FREE daily email newsletter.