Kirkland Lake Gold (KL) PT Raised to C$30.00

Kirkland Lake Gold (TSE:KL) had its target price increased by analysts at TD Securities from C$26.00 to C$30.00 in a report released on Friday. The firm presently has a “buy” rating on the stock. TD Securities’ price objective would indicate a potential upside of 24.74% from the stock’s current price.

Other research analysts also recently issued reports about the stock. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$25.00 target price on shares of Kirkland Lake Gold in a research report on Monday, April 9th. CIBC increased their target price on shares of Kirkland Lake Gold from C$24.00 to C$26.00 in a research report on Thursday. Scotiabank set a C$27.50 target price on shares of Kirkland Lake Gold and gave the company an “outperform” rating in a research report on Thursday. National Bank Financial increased their target price on shares of Kirkland Lake Gold from C$28.50 to C$29.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Royal Bank of Canada increased their target price on shares of Kirkland Lake Gold from C$22.00 to C$23.00 and gave the company an “outperform” rating in a research report on Friday, January 19th. Seven research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus price target of C$26.93.

TSE KL opened at C$24.05 on Friday. Kirkland Lake Gold has a 12 month low of C$8.75 and a 12 month high of C$24.07.

Kirkland Lake Gold (TSE:KL) last posted its earnings results on Wednesday, February 21st. The company reported C$0.43 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.29 by C$0.14. The company had revenue of C$269.72 million during the quarter.

In related news, insider Jennifer Laura Wagner sold 40,000 shares of the stock in a transaction on Monday, March 5th. The shares were sold at an average price of C$20.41, for a total transaction of C$816,400.00.

Analyst Recommendations for Kirkland Lake Gold (TSE:KL)

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