RBC Capital Upgrades Kinross Gold (KGC) to Outperform

RBC Capital analyst Josh Wolfson upgraded Kinross Gold (NYSE: KGC) from Sector Perform to Outperform with a price target of $45.00.

The analyst comments: "Kinross offers a combination of high FCF, leverage to rising gold prices, a stable operating outlook, and favourable execution. At spot, KGC is forecast to generate a 2026E FCF yield of >11%, providing a clear pathway for capital returns (40% of FCF) and offering investors attractive growth in per share metrics. We upgrade our recommendation to Outperform from Sector Perform, and increase our price target to $45 from $36 driven by our new gold deck update."

For an analyst ratings summary and ratings history on Kinross Gold click here. For more ratings news on Kinross Gold click here.

Shares of Kinross Gold closed at $32.56 yesterday.

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