Brokers Set Expectations for Kinross Gold Co.’s Q4 2017 Earnings (K)

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities research analysts at Cormark upped their Q4 2017 earnings per share (EPS) estimates for Kinross Gold in a note issued to investors on Tuesday. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.05 for the quarter, up from their previous forecast of $0.04.

A number of other equities research analysts have also issued reports on K. National Bank Financial increased their target price on shares of Kinross Gold from C$6.50 to C$7.50 in a report on Friday, January 26th. Canaccord Genuity increased their target price on shares of Kinross Gold from C$9.25 to C$10.50 in a report on Friday, January 19th. Desjardins reiterated a “sell” rating on shares of Kinross Gold in a report on Monday, December 11th. Eight Capital reiterated a “neutral” rating on shares of Kinross Gold in a report on Thursday, November 16th. Finally, Macquarie increased their target price on shares of Kinross Gold from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Kinross Gold presently has a consensus rating of “Buy” and a consensus target price of C$6.59.

Kinross Gold (TSE:K) opened at C$4.97 on Thursday. The firm has a market cap of $6,680.00, a P/E ratio of 45.18 and a beta of -0.18. Kinross Gold has a 1 year low of C$4.24 and a 1 year high of C$6.29.

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About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company's gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.

Earnings History and Estimates for Kinross Gold (TSE:K)

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