Kinross Gold Stock Target Price and Analyst Consensus

KGC Stock  USD 6.51  0.09  1.40%   
The current analyst and expert consensus on Kinross Gold is Buy with 7 buy recommendations. The current projected Kinross Gold target price consensus is 6.12, with 19 analyst opinions. The most common way Kinross Gold analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Kinross Gold executives, vendors, and/or customers. Kinross Gold buy-or-sell recommendation module provides average expert sentiment on the projected Kinross Gold target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Kinross Gold to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.
Lowest Forecast
5.57
Highest Forecast
6.79
Target Price
6.12
At present, Kinross Gold's Pretax Profit Margin is projected to increase slightly based on the last few years of reporting. The current year's Operating Profit Margin is expected to grow to 0.19, whereas Gross Profit Margin is forecasted to decline to 0.21. At present, Kinross Gold's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 489.7 M, whereas Total Assets are forecasted to decline to about 6.6 B.
  
It's important to approach Kinross Gold's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Kinross Gold Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Kinross target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Kinross Gold's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   19  Buy
Most Kinross analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Kinross stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Kinross Gold, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Kinross Gold Target Price Projection

Kinross Gold's current and average target prices are 6.51 and 6.12, respectively. The current price of Kinross Gold is the price at which Kinross Gold is currently trading. On the other hand, Kinross Gold's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Kinross Gold Market Quote on 18th of April 2024

Low Price6.4Odds
High Price6.55Odds

6.51

Target Price

Analyst Consensus On Kinross Gold Target Price

Low Estimate5.57Odds
High Estimate6.79Odds

6.12

Historical Lowest Forecast  5.57 Target Price  6.12 Highest Forecast  6.79
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Kinross Gold and the information provided on this page.

Kinross Gold Analyst Ratings

Kinross Gold's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Kinross Gold stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Kinross Gold's financials, market performance, and future outlook by experienced professionals. Kinross Gold's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Kinross Gold price targets

Kinross Gold's stock target price is an estimate of its future price, usually made by analysts. Using Kinross Gold's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Kinross Gold's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Kinross Gold's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Kinross Gold Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Kinross Gold is a key component of Kinross Gold valuation and have some predictive power on the future returns of a Kinross Gold.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kinross Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.276.528.77
Details
Intrinsic
Valuation
LowRealHigh
3.846.098.34
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.030.050.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kinross Gold. Your research has to be compared to or analyzed against Kinross Gold's peers to derive any actionable benefits. When done correctly, Kinross Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kinross Gold.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested over 70 shares
Chemicals Idea
Chemicals
Invested over 40 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Blockchain Idea
Blockchain
Invested few shares
When determining whether Kinross Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kinross Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kinross Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kinross Gold Stock:
Check out Macroaxis Advice on Kinross Gold to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.
Note that the Kinross Gold information on this page should be used as a complementary analysis to other Kinross Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Kinross Stock analysis

When running Kinross Gold's price analysis, check to measure Kinross Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kinross Gold is operating at the current time. Most of Kinross Gold's value examination focuses on studying past and present price action to predict the probability of Kinross Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinross Gold's price. Additionally, you may evaluate how the addition of Kinross Gold to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
The data published in Kinross Gold's official financial statements usually reflect Kinross Gold's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Kinross Gold. For example, before you start analyzing numbers published by Kinross accountants, it's critical to develop an understanding of what Kinross Gold's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Kinross Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kinross Gold's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Kinross Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Kinross Gold. Please utilize our Beneish M Score to check the likelihood of Kinross Gold's management manipulating its earnings.