Analyst Ratings for Kinross Gold Corporation (USA) (KGC)Updated: 2016-08-30
Many analysts weighed in on price targets for KGC. The maximum price target given was 8, implying a possible profit of 83.07 percent. The most pessimistic price target was 4.3, implying potential capital losses 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 10 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 175 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 15.56 percent, as compared to a month ago. 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. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. 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.
KGC has a 52-week high of 5.82 and a 52-week low of 1.31. Today's price is 233.59 percent above the 52-week low, and 24.91 percent below the high. KGC has a price/earnings 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 stock has a market capitalization of $5.4 billion. KGC's next earnings release will be on 2016-11-02, which is -872 days away.