Agnico Eagle Mines’s Outperform Rating Reaffirmed at RBC Capital (AEM)
Agnico Eagle Mines (TSE:AEM)‘s stock had its “outperform” rating reaffirmed by research analysts at RBC Capital in a report released on Tuesday, Analyst Ratings Net reports.
AEM has been the subject of a number of other recent research reports. Analysts at Raymond James cut their price target on shares of Agnico Eagle Mines from C$40.00 to C$36.00 in a research note to investors on Thursday, October 10th. They now have an “outperform” rating on the stock. Separately, analysts at Credit Suisse cut their price target on shares of Agnico Eagle Mines from C$38.00 to C$37.00 in a research note to investors on Tuesday, October 8th. They now have an “outperform” rating on the stock. Finally, analysts at Mackie raised their price target on shares of Agnico Eagle Mines from C$21.00 to C$22.00 in a research note to investors on Monday, September 23rd. They now have a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of C$31.59.
Shares of Agnico Eagle Mines (TSE:AEM) traded up 1.32% on Tuesday, hitting $32.24. 1,332,445 shares of the company’s stock traded hands. Agnico Eagle Mines has a 52 week low of $24.66 and a 52 week high of $56.99. The stock’s 50-day moving average is $30.47 and its 200-day moving average is $32.92. The company has a market cap of $5.575 billion and a price-to-earnings ratio of 28.80.
Agnico-Eagle Mines Limited (TSE:AEM) is a Canada-based international gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States.
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