Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM)‘s stock had its “sector perform” rating reiterated by equities researchers at Royal Bank Of Canada in a research note issued to investors on Wednesday, StockTargetPrices.com reports. They currently have a C$90.00 target price on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 65.53% from the stock’s current price.
A number of other research firms have also weighed in on AEM. Scotiabank reissued an “outperform” rating and set a C$68.50 price target on shares of Agnico Eagle Mines in a research report on Tuesday. TD Securities reissued a “hold” rating and set a C$61.00 price target on shares of Agnico Eagle Mines in a research report on Friday, November 18th. Raymond James Financial Inc. raised shares of Agnico Eagle Mines from a “market perform” rating to an “outperform” rating in a research report on Tuesday, October 25th. Canaccord Genuity dropped their price target on shares of Agnico Eagle Mines to C$81.00 in a research report on Monday, October 24th. Finally, Desjardins dropped their price target on shares of Agnico Eagle Mines to C$77.00 in a research report on Thursday, October 20th. Six analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$66.88.
Agnico Eagle Mines (TSE:AEM) opened at 54.37 on Wednesday. The firm has a market cap of $12.21 billion and a price-to-earnings ratio of 152.72. Agnico Eagle Mines has a 12 month low of $34.45 and a 12 month high of $78.35. The firm’s 50 day moving average is $62.45 and its 200-day moving average is $66.74.
About Agnico Eagle Mines