UBS initiated coverage of Kinross Gold (KGC) with a Buy rating and $20 price target The firm is constructive on gold, expecting prices to remain elevated at $3,500 per ounce in 2026. Kinross offers attractive value versus its senior gold peers and its accelerating cash returns will drive a further re-rating of the shares, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KGC: