UBS Rates Kinross Gold (KGC) buy, $30 Price Target
UBS analyst Daniel Major maintains a buy rating on Kinross Gold with a $30 target, a 27.01% upside from the current price.
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UBS rated Kinross Gold Corporation ($KGC) "buy" with a $30 price target on June 30, 2026.
Since the rating, $KGC is up 1.1% after 1 week, up 0.0% after 1 month and up 1.8% to date (from the $23.59 close on Jun 30, 2026).
Key Points
- On June 30, 2026, UBS analyst Daniel Major reiterated a buy rating on Kinross Gold Corporation (NYSE:KGC) with a $30 price target.
- UBS's $30 price target implies 27.01% upside from Kinross Gold Corporation's ($KGC) current $23.62 share price.
- Shares of Kinross Gold traded near $23.78 on Wednesday, with a market cap of $28.97 billion and a P/E ratio of 10.32.
- Institutional activity includes Van Eck Associates Corp increasing its stake by 3.3% to 105.23 million shares.
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UBS analyst Daniel Major has reiterated his buy rating on Kinross Gold Corporation (NYSE:KGC), setting a price target of $30. This reaffirmation came on June 30, 2026. Shares of Kinross Gold traded near $23.78 on Wednesday, reflecting a positive outlook from UBS.
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Other Institutional Activity in Kinross Gold
Van Eck Associates Corp grew its holdings by 3,345,430 shares, ending with 105,232,185 shares worth about $3.21 billion. Boston Partners reduced its position by 3,219,011 shares to 34,849,647 shares, valued at approximately $1.11 billion. Vanguard Capital Management LLC opened a new position with 33,344,226 shares valued at about $1.02 billion. Royal Bank of Canada increased its stake by 1,730,757 shares, holding 32,091,420 shares worth $979.43 million. FIL LTD cut its holdings by 1,548,441 shares, bringing its total to 27,598,518 shares, valued at $843.77 million.
Kinross Gold Corporation Stock Up 6.2%
Shares of NYSE:KGC traded near $23.78 on Wednesday. Kinross Gold Corporation has a market cap of approximately $28.97 billion, with a P/E ratio of 10.32 and a forward P/E of 7.08. The stock has a 52-week low of $14.87 and a high of $39.11, with a 50-day moving average of $28.96 and a 200-day moving average of $28.94. The company maintains a current ratio of 2.84, a quick ratio of 1.79, and a debt-to-equity ratio of 8.20.
$KGC price target
Kinross Gold Corporation daily closes and this analyst's $30 target. Not advice.
Recent Earnings
Kinross Gold reported revenue of approximately $7.96 billion, with a revenue growth rate of 60.8%. The company's net margin stands at 35.99%, and it achieved a return on equity of 35.47%. Investors can expect the next earnings report on July 29, 2026.
Dividend
Kinross Gold offers an annual dividend rate of $0.15, yielding 0.6%. The dividend payout ratio is a modest 5.74%.
Analysts Set New Price Targets
On June 30, 2026, UBS maintained its buy rating on Kinross Gold with a $30 price target. Previously, on May 18, 2026, Freedom Broker upgraded the stock to a buy rating with a $38 target. RBC Capital also upgraded Kinross to buy with a $45 target on March 12, 2026. The consensus among analysts is a buy recommendation, with an average target price of $40.91 based on 11 opinions.
About Kinross Gold Corporation
Kinross Gold Corporation, headquartered in Toronto, Canada, is a major player in the gold mining industry. The company, led by CEO J. Paul Rollinson, focuses on acquiring, exploring, and developing gold properties in countries like the United States, Brazil, Chile, Canada, and Mauritania. Kinross is also involved in extracting and processing gold-containing ores, as well as reclaiming mining properties. Founded in 1993, Kinross also produces and sells silver.
Bottom Line
UBS's reiteration of its buy rating for Kinross Gold with a $30 target reflects continued confidence in the company's potential. Investors keep a close eye on such analyst updates to gauge market sentiment. It's important to remember that these ratings are based on past data and may not indicate future performance.
Source: UBS's rating change on $KGC (Jun 30, 2026). Written by software, not financial advice. How we make alerts