Kinross Gold (NYSE:KGC) Rating Reiterated by Barclays
Kinross Gold (NYSE:KGC) (TSE:K)‘s stock had its “equal weight” rating reissued by stock analysts at Barclays in a research report issued to clients and investors on Tuesday, October 15th, Marketbeat.com reports. They presently have a $5.00 price target on the mining company’s stock. Barclays‘s target price points to a potential upside of 19.90% from the company’s current price. The analysts noted that the move was a valuation call.
Several other brokerages have also recently weighed in on KGC. Beacon Securities reiterated a “buy” rating on shares of Kinross Gold in a research report on Tuesday, October 8th. Deutsche Bank set a $4.00 price objective on shares of Kinross Gold and gave the stock a “hold” rating in a research report on Thursday, July 11th. Royal Bank of Canada upped their p ...