Analyst Ratings for Kinross Gold Corporation (USA) (KGC)Updated: 2016-08-30
Several price targets were given for KGC by the analysts covering the stock. The maximum price target given was 8, which equates to a potential upside of 83.07 percent. The minimum price target given was 4.3, which equates to a potential downside of -1.6 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 10 percent. The average change in earnings estimates over the last 90 days is 175 percent. Meanwhile, fiscal year estimates have been revised upwards by 15.56 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 200 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, KGC has achieved a high of 5.82 and a low of 1.31. Currently the stock is 233.59 percent higher than its low, and 24.91 percent below the high. KGC has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The KGC value stock report compares KGC to some of its peers using value stock charts. The market cap of KGC is $5.4 billion. KGC will post this quarters earnings in -740 days, on 2016-11-02.