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Research analysts at Raymond James lowered their price objective on shares of Agnico Eagle Mines (NYSE:AEM) from $44.00 to $42.00 in a report released on Thursday. Raymond James’ price objective suggests a potential upside of 11.32% from the stock’s previous close.

AEM has been the subject of a number of other recent research reports. Analysts at CIBC raised their price target on shares of Agnico Eagle Mines from $40.00 to $45.00 in a research note on Friday, August 8th. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Agnico Eagle Mines in a research note on Friday, August 1st. They now have a $34.00 price target on the stock, up previously from $31.00. Finally, analysts at Cowen and Company cut their price target on shares of Agnico Eagle Mines from $26.01 to $24.34 in a research note on Friday, August 1st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $40.70.

Agnico Eagle Mines (NYSE:AEM) traded up 1.75% on Thursday, hitting $37.73. The stock had a trading volume of 1,739,089 shares. Agnico Eagle Mines has a 52 week low of $23.77 and a 52 week high of $42.41. The stock has a 50-day moving average of $39.49 and a 200-day moving average of $34.33. The company’s market cap is $7.868 billion.

Agnico Eagle Mines (NYSE:AEM) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.01. The company had revenue of $437.80 million for the quarter, compared to the consensus estimate of $453.41 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. Analysts expect that Agnico Eagle Mines will post $1.23 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, August 28th.

Agnico Eagle Mines Limited (NYSE: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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