Published On: Wed, Oct 19th, 2016

Kinross Gold Corporation (NYSE:KGC) Analyst Review


A number of investment brokers have recently updated their price targets on shares of Kinross Gold Corporation (NYSE:KGC).

Most recent broker ratings

10/14/2016 – Kinross Gold Corporation had its “neutral” rating reiterated by analysts at Citigroup.

09/23/2016 – Kinross Gold Corporation had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 10 price target on the stock.

09/07/2016 – Berenberg Bank began new coverage on Kinross Gold Corporation giving the company a “hold” rating. They now have a USD 4.6 price target on the stock.

08/04/2016 – Kinross Gold Corporation had its “buy” rating reiterated by analysts at TD Securities. They now have a USD 7 price target on the stock.

07/14/2016 – Kinross Gold Corporation was upgraded to “hold” by analysts at Jefferies. They now have a USD 6 price target on the stock.

07/06/2016 – Kinross Gold Corporation was upgraded to “hold” by analysts at Deutsche Bank. They now have a USD 4.5 price target on the stock.

07/05/2016 – Kinross Gold Corporation had its “buy” rating reiterated by analysts at HSBC.

07/01/2016 – Kinross Gold Corporation was upgraded to “neutral” by analysts at Macquarie.

05/26/2016 – Kinross Gold Corporation was upgraded to “buy” by analysts at Canaccord Genuity.

05/11/2016 – Kinross Gold Corporation was upgraded to “neutral” by analysts at Goldman Sachs. They now have a USD 5.3 price target on the stock.

05/03/2016 – Kinross Gold Corporation was downgraded to “neutral” by analysts at Credit Suisse. They now have a USD 5.5 price target on the stock.

03/31/2016 – Kinross Gold Corporation was upgraded to “outperform” by analysts at Raymond James. They now have a USD 5 price target on the stock.

03/28/2016 – Kinross Gold Corporation had its “neutral” rating reiterated by analysts at UBS.

03/11/2016 – Kinross Gold Corporation was upgraded to “buy” by analysts at Bank of America Merrill Lynch. They now have a USD 2.65 price target on the stock.

02/12/2016 – Kinross Gold Corporation had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 3 price target on the stock.

The share price of Kinross Gold Corporation (NYSE:KGC) was up +2.46% during the last day of trading, with a day high of 3.77. 12114943 shares were traded during the last session.

The stock’s 50 day moving average is 4.06 and its 200 day moving average is 4.70. The stock’s market capitalization is 4.67B. Kinross Gold Corporation has a 52-week low of 1.31 and a 52-week high of 5.82.

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. The Fort Knox mine is located near Fairbanks, Alaska. The Round Mountain open pit mine is located in Nye County, Nevada. The Maricunga open pit mine (formerly known as the Refugio mine) is located approximately 120 kilometers northeast of Copiapo, Chile. The Paracatu open pit mine is located in the State of Minas Gerais, Brazil. The Tasiast mine is an open pit operation located in north-western Mauritania and is over 300 kilometers north of the capital Nouakchott. The Chirano is located in southwestern Ghana, over 100 kilometers southwest of Kumasi, Ghana. It also produces and sells silver.