Royal Bank Of Canada reiterated their outperform rating on shares of Kinross Gold Co. (TSE:K) in a report issued on Friday morning, StockTargetPrices.com reports. Royal Bank Of Canada currently has a C$10.00 target price on the stock.
A number of other equities analysts have also recently commented on K. Canaccord Genuity upgraded Kinross Gold from a hold rating to a buy rating in a report on Thursday, May 26th. TD Securities restated a buy rating and set a C$7.50 price objective on shares of Kinross Gold in a report on Monday, July 25th. Finally, National Bank Financial boosted their price objective on Kinross Gold from C$7.75 to C$8.25 in a report on Wednesday, July 13th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Kinross Gold presently has an average rating of Buy and an average price target of C$7.60.
Shares of Kinross Gold (TSE:K) opened at 5.57 on Friday. Kinross Gold has a 12-month low of $1.91 and a 12-month high of $7.56. The firm’s market capitalization is $6.93 billion. The company’s 50-day moving average price is $5.88 and its 200-day moving average price is $6.02.
About Kinross Gold
Kinross Gold Corporation is gold mining company. The Company 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. Its segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
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