National Bank Financial reaffirmed their sector perform market weight rating on shares of Kinross Gold Co. (TSE:K) (NYSE:KGC) in a research report released on Thursday.
A number of other analysts have also commented on the company. BMO Capital Markets raised Kinross Gold from a market perform rating to an outperform rating and boosted their price objective for the stock from C$3.75 to C$5.00 in a report on Monday, May 29th. ValuEngine lowered Kinross Gold from a hold rating to a sell rating in a report on Thursday, May 11th. TD Securities raised Kinross Gold from a buy rating to an action list buy rating and set a C$7.50 price objective for the company in a report on Wednesday, May 10th. Royal Bank Of Canada increased their price objective on Kinross Gold to C$6.50 and gave the company an outperform rating in a report on Tuesday, May 9th. Finally, Scotiabank reissued a sector perform rating and set a C$4.00 price objective on shares of Kinross Gold in a report on Friday, May 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Kinross Gold presently has a consensus rating of Buy and an average price target of C$5.71.
Kinross Gold (TSE:K) opened at 5.29 on Thursday. Kinross Gold has a 12-month low of $3.87 and a 12-month high of $7.23. The company’s market capitalization is $6.60 billion. The company’s 50 day moving average price is $5.24 and its 200-day moving average price is $5.09.
In other Kinross Gold news, insider Claude J.S. Schimper sold 14,500 shares of the firm’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of C$5.69, for a total value of C$82,505.00.
Kinross Gold Company Profile
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The companys gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.
