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Kinross Gold (KGC) was upgraded to a Buy Rating at RBC Capital

Tipranks - Thu Apr 16, 9:10PM CDT

RBC Capital analyst Josh Wolfson upgraded Kinross Gold to a Buy yesterday and set a price target of $45.00.

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Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Barrick Mining, and Franco-Nevada. According to TipRanks, Wolfson has an average return of 24.7% and a 68.68% success rate on recommended stocks.

Currently, the analyst consensus on Kinross Gold is a Strong Buy with an average price target of $44.93.

KGC market cap is currently C$55.5B and has a P/E ratio of 14.12.

Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KGC in relation to earlier this year.

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