Kinross Gold Corp (NYSE: KGC) had its price target decreased by Salman Partners from $12.40 to $11.85 in a research report sent to investors on Tuesday morning.
A number of other firms have also recently commented on KGC. Analysts at RBC Capital cut their price target on shares of Kinross Gold Corp from $14.00 to $11.00 in a research note to investors on Tuesday. Separately, analysts at CIBC cut their price target on shares of Kinross Gold Corp from $13.00 to $11.00 in a research note to investors on Friday, February 15th. They now have a sector perform rating on the stock. Finally, analysts at Scotiabank cut their price target on shares of Kinross Gold Corp from $12.50 to $11.50 in a research note to investors on Friday, February 15th.
Seventeen investment analysts have rated the stock with a buy rating, two have issued an overweight rating, six have given a hold rating, and one has issued a sell rating to the company’s stock. The stock has a consensus rating of overweight and a consensus price target of $11.97.
Shares of Kinross Gold Corp traded up 2.21% during mid-day trading on Tuesday, hitting $7.625. Kinross Gold Corp has a 52 week low of $7.11 and a 52 week high of $11.68. The stock’s 50-day moving average is currently $8.78. The company’s market cap is $8.695 billion.
The company also recently declared a semiannual dividend, which is scheduled for Thursday, March 28th. Investors of record on Thursday, March 21st will be given a dividend of $0.08 per share. This represents a yield of 1.92%. The ex-dividend date of this dividend is Tuesday, March 19th.
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