Kinross Gold (TSE:K)‘s stock had its “outperform” rating reaffirmed by RBC Capital in a research note issued on Friday, StockRatingsNetwork.com reports.
A number of other analysts have also recently weighed in on K. Analysts at Scotiabank cut their price target on shares of Kinross Gold from C$7.50 to C$6.25 in a research note to investors on Monday, July 8th. Separately, analysts at Jefferies Group downgraded shares of Kinross Gold from a “hold” rating to an “underperform” rating in a research note to investors on Tuesday, July 2nd. They now have a C$3.75 price target on the stock, down previously from C$5.50. Finally, analysts at Credit Suisse cut their price target on shares of Kinross Gold from C$10.00 to C$7.25 in a research note to investors on Wednesday, June 26th. They now have an “outperform” rating on the stock.
One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of C$8.74.
Shares of Kinross Gold (TSE: K) traded up 2.00% during mid-day trading on Friday, hitting $5.62. Kinross Gold has a one year low of $4.74 and a one year high of $10.98. The stock’s 50-day moving average is currently $5.44.
Kinross Gold Corporation (TSE: K) 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.