Share on StockTwits

Agnico Eagle Mines (TSE:AEM) has earned a consensus rating of “Hold” from the seventeen ratings firms that are currently covering the company, AmericanBankingNews.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$35.08.

Shares of Agnico Eagle Mines (TSE:AEM) opened at 40.18 on Friday. Agnico Eagle Mines has a 52-week low of $24.66 and a 52-week high of $40.24. The stock has a 50-day moving average of $34.8 and a 200-day moving average of $33.38. The company’s market cap is $6.993 billion.

Agnico Eagle Mines (TSE:AEM) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.41. On average, analysts predict that Agnico Eagle Mines will post $1.13 earnings per share for the current fiscal year.

A number of research firms have recently commented on AEM. Analysts at Canaccord Genuity raised their price target on shares of Agnico Eagle Mines from C$45.00 to C$49.00 in a research note on Wednesday. Separately, analysts at BMO Capital Markets initiated coverage on shares of Agnico Eagle Mines in a research note on Tuesday. They set an “outperform” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Agnico Eagle Mines from C$36.00 to C$39.00 in a research note on Tuesday. They now have an “equal weight” rating on the stock.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.