Analyst recommendations

As of August 26, 2016, Kinross Gold (KGC) was trading at $4.3 per share. About 32% of Wall Street analysts covering the stock have “buy” recommendations for Kinross. About 59% of analysts have issued “hold” recommendations, and 9% have issued “sell” recommendations, according to Bloomberg.

How Analysts Responded to Kinross Gold’s Operational Updates

Over the years, we’ve seen Kinross’s share price move in tandem with analyst recommendations. The consensus price target now stands at $6.2, implying a potential upside of 44% based on its current market price.

Gold miners’ ratings

Among senior gold miners (GDX), Agnico Eagle Mines (AEM) is the analyst favorite with the highest percentage of “buy” recommendations. Newmont Mining (NEM) has the lowest percentage of “sell” recommendations, and the majority of analysts issued “hold” recommendations for both Newmont and Goldcorp (GG).

Recent rating changes

Kinross’s stock has also seen some rating changes. Deutsche Bank (DB), for example, upgraded Kinross to “hold” on July 7 with a target price of $4.5 for the stock. TD Securities, on the other hand, reiterated its “buy” rating for Kinross with a target price of $7.5.

Following Kinross’s recent operational updates, many analysts have commented on the stock. Analysts from RBC Capital Markets, Raymond James, TD Securities, and BMO Capital Markets Jefferies have commented on Kinross’s stock, but all of them have maintained their “buy” ratings.

Latest articles

After opening on a bearish note on Wednesday, Tesla (TSLA) was trading with 4.8% losses for the day, near $195.25 at 1:16 PM ET.

With voting conducted in seven phases panning six weeks, India’s (EPI) elections have been a grand affair—to say the least. Tomorrow is the day of the results.

Qualcomm (QCOM) stock fell more than 10% in the first half of trading on May 22 after it lost its licensing lawsuit with the US FTC (Federal Trade Commission).

Apple (AAPL) suffered a setback recently when the US Supreme Court allowed an antitrust lawsuit against the company to proceed.

Today doesn’t seem to be a good day for electric vehicle companies. Earlier today, NIO stock hit an all-time low of $4.00.

22 May

Cannabis Stocks Struggle to Find Direction


The cannabis sector has been struggling to find direction on May 22, with cannabis stocks trading on a largely mixed note in the first half.