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Stock impact report

CIBC Raises Kinross Gold (KGC) PT to $54 with Outperformer Rating [Yahoo! Finance Canada]

Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS) 
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am Check Earnings Report
CIBC raised its gold price forecasts to $6,000 per ounce for 2026 and $6,500 for 2027. Additionally, the firm noted higher copper price assumptions and indicated that while 2025's demand drivers should continue into 2026, the market is facing increased geopolitical uncertainty. Furthermore, on January 26, Scotiabank also increased its price target for Kinross Gold Corporation (NYSE:KGC) to $45 from $32 and kept an Outperform rating. This adjustment came as part of a sector-wide update for gold and precious minerals stocks, reflecting the firm's higher forecasts for gold and silver. These revised projections are supported by ongoing economic and geopolitical uncertainty, as well as robust buying activity from central banks. Kinross Gold Corporation (NYSE:KGC), together with its subsidiaries, acquires, explores, and develops gold properties principally in the US, Brazil, Chile, Canada, and Mauritania. While we acknowledge the potential of KGC as an investment, we believe certain Show less Read more
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