Kirkland Lake Gold (KL) Price Target Raised to C$25.00 at BMO Capital Markets

Kirkland Lake Gold (TSE:KL) had its price target increased by BMO Capital Markets from C$24.50 to C$25.00 in a report released on Wednesday.

A number of other research analysts also recently issued reports on KL. Desjardins boosted their price objective on Kirkland Lake Gold from C$25.00 to C$26.00 in a research note on Thursday, February 22nd. National Bank Financial boosted their price objective on Kirkland Lake Gold from C$21.00 to C$24.00 and gave the company an outperform rating in a research note on Thursday, January 18th. Royal Bank of Canada boosted their price objective on Kirkland Lake Gold from C$22.00 to C$23.00 and gave the company an outperform rating in a research note on Friday, January 19th. CIBC boosted their price objective on Kirkland Lake Gold from C$22.00 to C$24.00 and gave the company an outperform rating in a research note on Thursday, January 18th. Finally, Scotiabank set a C$21.50 price target on Kirkland Lake Gold and gave the stock an outperform rating in a research note on Friday, January 12th. Six analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average target price of C$25.58.

How to Become a New Pot Stock Millionaire

Shares of TSE:KL opened at C$19.97 on Wednesday. Kirkland Lake Gold has a 1 year low of C$8.67 and a 1 year high of C$21.03.

Kirkland Lake Gold (TSE:KL) last announced its quarterly earnings data on Wednesday, February 21st. The company reported C$0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.29 by C$0.14. The business had revenue of C$269.72 million during the quarter.

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

TRADEMARK VIOLATION WARNING: This piece of content was first posted by WKRB News and is owned by of WKRB News. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.wkrb13.com/2018/04/01/kirkland-lake-gold-kl-price-target-raised-to-c25-00-at-bmo-capital-markets.html.

Analyst Recommendations for Kirkland Lake Gold (TSE:KL)

Receive News & Ratings for Kirkland Lake Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirkland Lake Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply