Analysts Conflictied on These Materials Names: First Data Corp (NYSE: FDC) and Kinross Gold (NYSE: KGC)

By Carrie Williams

Analysts have been eager to weigh in on the Materials sector with new ratings on First Data Corp (NYSE: FDC) and Kinross Gold (NYSE: KGC).

First Data Corp (NYSE: FDC)

In a report issued on November 3, Mark Palmer from BTIG reiterated a Buy rating on First Data Corp (NYSE: FDC), with a price target of $15. The company’s shares closed last Friday at $13.23.

According to TipRanks.com, Palmer is ranked 0 out of 5 stars with an average return of -3.2% and a 47.3% success rate. Palmer covers the Financial sector, focusing on stocks such as Santander Consumer USA, Assured Guaranty Ltd, and Synchrony Financial.

Currently, the analyst consensus on First Data Corp is Strong Buy and the average price target is $15.50, representing a 17.2% upside.

In a report issued on November 1, Oppenheimer also reiterated a Buy rating on the stock with a $16 price target.
Kinross Gold (NYSE: KGC)

In a report issued on November 3, Yuriy Vlasov from Berenberg Bank reiterated a Hold rating on Kinross Gold (NYSE: KGC), with a price target of $4.60. The company’s shares closed last Friday at $4.11.

According to TipRanks.com, Vlasov is a 2-star analyst with an average return of 1.0% and a 50.0% success rate. Vlasov covers the Basic Materials sector, focusing on stocks such as Randgold Resources Limited, Barrick Gold, and Norsk Hydro.

Kinross Gold has an analyst consensus of Moderate Buy.