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Jefferies Starts Kinross Gold (KGC) at Hold

September 6, 2011 10:26 AM EDT
Get Alerts KGC Hot Sheet
Price: $6.51 +1.40%

Rating Summary:
    11 Buy, 12 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 14 | New: 17
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Jefferies initiates coverage on Kinross Gold (NYSE: KGC) with a Hold. PT $17.00.

The firm states, "Kinross shares have seen massive multiple compression. However, we still do not believe the current multiple adequately reflects the risks facing the company."

For more ratings news on Kinross Gold click here and for the rating history of Kinross Gold click here.

Shares of Kinross Gold closed at $17.59 yesterday.


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