Panmure Gordon Reiterates Buy Rating for Kirkland Lake Gold (KGI)
Kirkland Lake Gold (LON:KGI)‘s stock had its “buy” rating restated by investment analysts at Panmure Gordon in a note issued to investors on Tuesday, American Banking News reports. They currently have a GBX 350 ($5.82) price objective on the stock. Panmure Gordon’s price target points to a potential upside of 53.51% from the company’s current price.
Kirkland Lake Gold (LON:KGI) opened at 228.00 on Tuesday. Kirkland Lake Gold has a 52 week low of GBX 180.00 and a 52 week high of GBX 424.00. The stock has a 50-day moving average of GBX 184.2 and a 200-day moving average of GBX 199.7.
Separately, analysts at Investec cut their price target on shares of Kirkland Lake Gold from GBX 353 ($5.87) to GBX 200 ($3.33) in a research note on Tuesday, February 4th. They now have a “buy” rating on the stock.
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