Canaccord Genuity Raises Kinross Gold Co. (K) Price Target to C$8.00

TD Securities set a $6.00 target price on Kinross Gold Corporation (NYSE:KGC) (TSE:K) in a report issued on Thursday. As per Tuesday, February 9, the company rating was upgraded by Credit Suisse.

A number of other research analysts also recently issued reports on the stock. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned "Underperform" rating by RBC Capital Markets on Monday, August 24. Trading volume for Kinross Gold Corporation was 7.58 Million in its previous trading session.

In terms of Buy, Sell or Hold recommendations, Kinross Gold Corp (NYSE:KGC) has analysts' mean recommendation of 2.4. Kinross Gold presently has a consensus rating of Buy and a consensus target price of C$5.85.

Shares of Kinross Gold (K) opened at 5.20 on Friday. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The chart below shows the one year performance of KGC shares: Looking at the chart above, KGC's low point in its 52 week range is $2.88 per share, with $4.91 as the 52 week high point - that compares with a last trade of $4.04. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 99.05. Kinross Gold Corporation had a return on equity of 3.63% and a net margin of 1.54%. The Q4 2017 consensus earnings estimates for the company have stabilized at US$0.04 per share. During the same period past year, the firm posted ($0.01) EPS. Equities research analysts predict that Kinross Gold Corp. will post $0.12 earnings per share for the current fiscal year. Kinross Gold Corp. The business earned $910.20 million during the quarter, compared to analysts' expectations of $915.18 million.

COPYRIGHT VIOLATION NOTICE: This news story was published by BBNS and is the sole property of of BBNS. The correct version of this article can be read at

Additionally on 6/15/17 Raymond James "Reinstates" Kinross Gold Corp (NYSE:KGC) to Outperform setting price target at $6 and on 5/03/17 CIBC "Upgrades" the stock to Outperform at $0.

Kinross Gold Corporation (NYSE:KGC) reported its EPS in the last quarter as $0.04/Share beating the analyst estimate of $0.02/Share by a difference of $0.02.

BMO Capital Markets lowered shares of Kinross Gold Corp. GSA Capital Partners LLP now owns 37,944 shares of the mining company's stock worth $154,000 after buying an additional 14,674 shares in the last quarter. IFP Advisors Inc now owns 38,769 shares of the mining company's stock worth $158,000 after buying an additional 7,000 shares in the last quarter. Lombard Odier Asset Management Europe Ltd purchased a new stake in Kinross Gold Corp. during the third quarter worth $104,000. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Kinross Gold Corporation in a research report on Thursday, September 7th. Creative Planning now owns 44,435 shares of the mining company's stock worth $181,000 after buying an additional 5,514 shares in the last quarter.

The company now has an insider ownership of 18.06 Percent and Institutional ownership of 69.9 Percent.

Kinross Gold Corporation is a gold mining company. The Firm 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.

Like this


25 October 2017
Align Technology, Inc. (ALGN) Ownership Decreased by Robeco Institutional Asset Management Bv
On average, analysts expect Align Technology to post $3.41 EPS for the current fiscal year and $4.09 EPS for the next fiscal year. Align Technology's revenue was up 32.3% compared to the same quarter past year . ( NASDAQ ALGN ) opened at 202.76 on Tuesday.

25 October 2017
NMI Holdings Inc (NASDAQ:NMIH) Sees Significantly Higher Trading Volume
Its minimum price target estimates has been figured out at $13 while the maximum price target forecast is established at $16. On July 17 the company was downgraded from "Outperform" to "Market Perform" in an announcement from Keefe Bruyette & Woods.

25 October 2017
Pence breaks tie as Senate votes to repeal banking rule
The petition was organized by Public Citizen, Americans for Financial Reform, Consumers Union and several other consumer groups. They said consumers would still have the option to use arbitration to resolve a dispute, if both parties want to go that route.

25 October 2017
Brazil vs England: FIFA site goes into meltdown
Look beyond the smile, that's how bad Brazil want this. "They showed a lot of fight and spirit to win the game", Cooper added. But the attacking momentum stayed with Brazil as they went on to score two in quick succession to eventually take the game.

25 October 2017
70 protesting students of QAU arrested
At that time, a heavy contingent of police arrived to control the unrest, firing tear-gas shells to disperse furious students. The university's syndicate has made a three-member committee to review the sentences given to the students.

25 October 2017
Wilshere on Chelsea and Man City radars
Do you think Arsenal can find the consistency we need to go with our current form? I told him we'd done it at Bournemouth and were chatting about it.

25 October 2017
New Metal Gear Survive Announcement Is Coming On October 25
I'm not expecting much from it, but Metal Gear Solid V had some fantastic controls and could easily be adapted into a co-op experience.

25 October 2017
Education Dept rescinds documents on rights of students with disabilities
The good news, Scott said, is that "notwithstanding the actions taken by the Department today, the regulations still remained enforced".

25 October 2017
Reliance Nippon Life Asset Management IPO opens today
Jointly owned by Japan's Nippon Life and Reliance Capital, the firm is the asset manager to Reliance Mutual Fund. Its proceeds will be used for branch expansion, upgrading technology and advertising, among others.

25 October 2017
Thane to get first Metro, Mumbai to get Metro 6 line
Mumbai: To speed up Metro rail construction, the State Cabinet on Tuesday gave final approvals to the Metro-5 and Metro-6 lines. The 14.5 km and Rs6,672 crore Swami Samarth Nagar- Jogeshwari-Kanjurmarg-Vikhroli corridor will have 13 stations.