Kinross Gold Corporation’s multibagger potential remains intact despite a downward target price revision from UBS. On June 30, UBS analyst Daniel Major lowered the firm's price target on Kinross Gold from $38 to $30 while maintaining a Buy rating, implying a 27% upside from current levels. RBC Capital also cut its target from $45 to $40 on June 3, keeping a Buy rating. Earlier, on May 30, Bank of America Securities raised its target from $43.50 to $46.00 with a Buy rating, reflecting a 95% upside. The median Wall Street price target among 21 analysts stands at $41.88, suggesting a 78% upside.
Kinross Gold CorporationMultiple analysts maintain Buy ratings with upside, despite target price cuts.
UBS Group AG