Skip to main content

Kinross Gold (KGC) Receives a Rating Update from a Top Analyst

Tipranks - Wed Mar 4, 8:06PM CST

RBC Capital analyst Josh Wolfson maintained a Hold rating on Kinross Gold on March 2 and set a price target of $36.00. The company’s shares closed yesterday at C$50.29.

Claim 70% Off TipRanks Premium

According to TipRanks, Wolfson is a top 100 analyst with an average return of 29.6% and a 72.33% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Triple Flag Precious Metals, and Barrick Mining.

Kinross Gold has an analyst consensus of Strong Buy, with a price target consensus of $42.24.

KGC market cap is currently C$60.34B and has a P/E ratio of 18.41.

Based on the recent corporate insider activity of 101 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.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.