RBC Capital Upgrades Kinross Gold (KGC) Stock to Outperform from Sector Perform

Kinross Gold Corporation (NYSE:KGC) is one of the Most Undervalued Stocks to Buy According to Analysts. On March 12, RBC Capital upgraded the company’s stock to “Outperform” from “Sector Perform” with a price objective of $45, an increase from the prior target of $36. As per the firm, Kinross Gold Corporation (NYSE:KGC) provides increased FCF, leverage to elevated gold prices, a stable operating outlook, as well as favorable execution.

RBC Capital Upgrades Kinross Gold (KGC) Stock to Outperform from Sector Perform

Furthermore, the analyst believes that Kinross Gold Corporation (NYSE:KGC) has clear visibility for capital returns and provides healthy growth in per-share data points.

In a different release, BofA lifted its price objective on the company’s stock to $42.75 from $37.50 and maintained a “Buy” rating, as reported by The Fly. Notably, the firm has been updating the price targets for the broader North American Metals & Mining stocks that are under its coverage. This comes after updating the forecasts for metal prices in 2026.

Kinross Gold Corporation (NYSE:KGC) acquires, explores, and develops gold properties primarily in the United States, Brazil, Chile, Canada, and Mauritania.

While we acknowledge the risk and potential of KGC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KGC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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