Kirkland Lake Gold (KL) Given New C$37.00 Price Target at National Bank Financial

Kirkland Lake Gold (TSE:KL) had its target price upped by National Bank Financial from C$34.00 to C$37.00 in a research report report published on Monday morning. The firm currently has an outperform rating on the stock.

KL has been the subject of a number of other research reports. Pi Financial raised Kirkland Lake Gold from a neutral rating to a buy rating and boosted their price target for the company from C$24.50 to C$28.50 in a research report on Friday, September 28th. Royal Bank of Canada boosted their price target on Kirkland Lake Gold from C$26.00 to C$32.00 and gave the company an outperform rating in a research report on Wednesday, August 8th. Desjardins boosted their price target on Kirkland Lake Gold from C$34.00 to C$35.00 in a research report on Monday, November 12th. Finally, Eight Capital reaffirmed a neutral rating and issued a C$25.00 target price on shares of Kirkland Lake Gold in a research report on Wednesday, September 12th. Seven analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average target price of C$32.67.

Kirkland Lake Gold stock opened at C$30.12 on Monday. Kirkland Lake Gold has a 52 week low of C$16.54 and a 52 week high of C$31.25. The company has a current ratio of 2.00, a quick ratio of 1.68 and a debt-to-equity ratio of 2.23.

Kirkland Lake Gold (TSE:KL) last released its earnings results on Tuesday, October 30th. The company reported C$0.37 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.40 by C($0.03). The company had revenue of C$291.05 million during the quarter. On average, sell-side analysts anticipate that Kirkland Lake Gold will post 1.2899999357695 EPS for the current year.

In related news, Director Jeffrey Scott Parr bought 5,500 shares of the firm’s stock in a transaction dated Tuesday, September 11th. The stock was bought at an average price of C$23.94 per share, with a total value of C$131,670.00.

Kirkland Lake Gold Company Profile

Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates four underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria, Australia, as well as three milling facilities in Canada and Australia.

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Analyst Recommendations for Kirkland Lake Gold (TSE:KL)

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