Kinross Gold (K) Stock Forecast & Price Target

C$11.30

-0.44 (-3.75%)

(As of 04:00 PM ET)

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Kinross Gold - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Kinross Gold in the last 12 months, the stock has a consensus rating of "Buy." Out of the 6 analysts, 6 have given a buy rating for K.

Consensus Price Target

C$13.33
17.99% Upside

High Forecast	C$16.00
Average Forecast	C$13.33
Low Forecast	C$8.50

According to the 6 analysts' twelve-month price targets for Kinross Gold, the average price target is C$13.33. The highest price target for K is C$16.00, while the lowest price target for K is C$8.50. The average price target represents a forecasted upside of 17.99% from the current price of C$11.30.

Type	Current Forecast 9/7/23 to 9/6/24	1 Month Ago 8/8/23 to 8/7/24	3 Months Ago 6/9/23 to 6/8/24	1 Year Ago 9/7/22 to 9/7/23
Consensus Rating	Buy	Buy	Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	2 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$13.33	C$13.33	C$11.88	C$7.21
Forecasted Upside	17.99% Upside	31.28% Upside	30.55% Upside	22.61% Upside

Get Kinross Gold Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for K and its competitors with MarketBeat's FREE daily newsletter.

Ad Porter & Company

The death of Nvidia?

Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.

So go here now to read my new report The Big AI Die-Up… while you still can.

K Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

K Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Kinross Gold Stock vs. The Competition

Type	Kinross Gold	Basic Materials Companies
Consensus Rating Score	3.00	2.69
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/23/2024	Canaccord Genuity Group 4 of 5 stars		Boost Target		C$13.50 ➝ C$16.00	+28.82%
7/17/2024	National Bankshares 1 of 5 stars		Boost Target	Outperform	C$13.75 ➝ C$16.00	+28.21%
7/11/2024	Eight Capital 5 of 5 stars		Boost Target		C$11.00 ➝ C$15.00	+19.71%
5/9/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Gray Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Buy	C$11.00 ➝ C$13.00	+27.08%
4/19/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$9.00 ➝ C$11.50	+22.99%
4/8/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Parkin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform Overweight
Get the Latest News and Ratings for K and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Kinross Gold and its competitors with MarketBeat's FREE daily newsletter.
9/12/2023	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Sclodnick Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	C$8.50	+28.21%
12/6/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	C$6.00 ➝ C$4.00	-29.33%
10/17/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$6.00 ➝ C$5.00	+6.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:55 PM ET.

K Forecast - Frequently Asked Questions

What is Kinross Gold's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Kinross Gold is C$13.33, with a high forecast of C$16.00 and a low forecast of C$8.50.
Should I buy or sell Kinross Gold stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" K shares.
Does Kinross Gold's stock price have much upside?: According to analysts, Kinross Gold's stock has a predicted upside of 31.28% based on their 12-month stock forecasts.
What analysts cover Kinross Gold?: Kinross Gold has been rated by research analysts at Canaccord Genuity Group, Eight Capital, and National Bankshares in the past 90 days.
Do Wall Street analysts like Kinross Gold more than its competitors?: Analysts like Kinross Gold more than other "basic materials" companies. The consensus rating for Kinross Gold is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how K compares to other companies.