CIBC Raises Kinross Gold (KGC) PT to $54 with Outperformer Rating

1 month ago 23

Maham Fatima

Fri, February 6, 2026 astatine 9:35 AM CST 1 min read

Kinross Gold Corporation (NYSE:KGC) is 1 of the most undervalued Canadian stocks to bargain according to hedge funds. On February 4, CIBC raised its terms people for Kinross Gold to $54 from $38.50 with an Outperformer standing connected the stock. This summation is portion of a broader upward revision crossed the precious metals sector.

CIBC raised its golden terms forecasts to $6,000 per ounce for 2026 and $6,500 for 2027. Additionally, the steadfast noted higher copper terms assumptions and indicated that portion 2025’s request drivers should proceed into 2026, the marketplace is facing accrued geopolitical uncertainty.

CIBC Raises Kinross Gold (KGC) PT to $54 with Outperformer Rating

CIBC Raises Kinross Gold (KGC) PT to $54 with Outperformer Rating

Furthermore, connected January 26, Scotiabank besides accrued its terms people for Kinross Gold Corporation (NYSE:KGC) to $45 from $32 and kept an Outperform rating. This accommodation came arsenic portion of a sector-wide update for golden and precious minerals stocks, reflecting the firm’s higher forecasts for golden and silver. These revised projections are supported by ongoing economical and geopolitical uncertainty, arsenic good arsenic robust buying enactment from cardinal banks.

Kinross Gold Corporation (NYSE:KGC), unneurotic with its subsidiaries, acquires, explores, and develops golden properties principally successful the US, Brazil, Chile, Canada, and Mauritania.

While we admit the imaginable of KGC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.


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