Jefferies analyst Chris LaFemina reiterated a Hold rating on Kinross Gold (NYSE: KGC) today and set a price target of $3. The company’s shares opened today at $2.79, close to its 52-week low of $2.67.
According to TipRanks.com, LaFemina is a 1-star analyst with an average return of -0.5% and a 51.9% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Cloud Peak Energy Inc, Freeport-McMoRan, and Rio Tinto Plc.
Kinross Gold has an analyst consensus of Hold, with a price target consensus of $3.70, a 32.6% upside from current levels. In a report issued on September 25, Credit Suisse also maintained a Hold rating on the stock with a $4 price target.
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The company has a one-year high of $4.78 and a one-year low of $2.67. Currently, Kinross Gold has an average volume of 8.57M.
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Kinross Gold Corp. is an exploration company. It engages in the production, acquisition, exploration and development of gold bearing properties in Canada, United States, the Russian Federation, Brazil, Ecuador, Chile, Ghana and Mauritania. The products are gold and silver produced in the form of dore.
