Kinross Gold Co. (K) Price Target Raised to C$7.00
Kinross Gold Co. (TSE:K) (NYSE:KGC) had its target price upped by Canaccord Genuity from C$6.75 to C$7.00 in a research report released on Thursday. Canaccord Genuity currently has a buy rating on the stock.
A number of other equities analysts also recently commented on the company. Royal Bank Of Canada restated an outperform rating on shares of Kinross Gold in a research note on Tuesday, November 1st. Scotiabank restated a sector perform rating and issued a C$8.50 target price on shares of Kinross Gold in a research note on Thursday, November 3rd. TD Securities decreased their target price on Kinross Gold from C$7.00 to C$6.50 and set a buy rating for the company in a research note on Thursday, November 3rd. BMO Capital Markets downgraded Kinross Gold from an outperform rating to a market perform rating in a research note on Monday, December 19th. Finally, Goldman Sachs Group, Inc. (The) decreased their target price on Kinross Gold from C$5.40 to C$5.20 in a research note on Thursday, January 5th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of C$5.99.
Kinross Gold (TSE:K) traded down 1.16% during trading on Thursday, reaching $5.10. The company had a trading volume of 4,406,303 shares. Kinross Gold has a 52-week low of $3.61 and a 52-week high of $7.56. The company has a 50-day moving average of $4.74 and a 200-day moving average of $5.18. The firm’s market capitalization is $6.35 billion.
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About Kinross Gold
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.
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