Kinross Gold Corp: TD Forecasts More Upside For Stock

Kinross Gold Corp: TD Forecasts More Upside For Stock

Kinross Gold Corp. (K:CA) (KGC)

TD Securities has issued a research report on Kinross Gold and has  maintained its “Buy” rating on the stock, with a target price forecast of CAD 25 per share. This rating reflects strong confidence in the company’s future upside potential.

Currently, the average analyst target price for Kinross from 9 analysts is CAD 16.18, indicating that TD Securities is notably more bullish than the consensus. The average analyst rating remains Buy, showing overall positive sentiment in the market.

Stock Target Advisor’s own analysis rates Kinross as Neutral, based on a mix of 6 positive and 7 negative signals.

As of the last close, the stock traded at CAD 20.13, outperforming its average target. Kinross has shown strong momentum:

  • +18.13% gain over the past week

  • +20.54% gain over the past month

  • +127.71% gain over the past year

This surge in the company’s stock price has been driven by rising gold prices, operational efficiency, and increased investor interest in safe-haven assets. TD’s CAD 25 target implies further upside potential of around 24% from the current price.

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