Royal Bank Of Canada reiterated their sector perform rating on shares of Agnico Eagle Mines Ltd (TSE:AEM) in a research note released on Tuesday, StockTargetPrices.com reports.
Several other research firms have also commented on AEM. Dundee Securities lowered Agnico Eagle Mines from a buy rating to a neutral rating in a report on Thursday, July 14th. Canaccord Genuity dropped their price objective on Agnico Eagle Mines to C$81.00 in a report on Monday, October 24th. TD Securities raised their price objective on Agnico Eagle Mines from C$56.00 to C$61.00 and gave the stock a hold rating in a report on Thursday, August 11th. Desjardins raised Agnico Eagle Mines from a hold rating to a buy rating in a report on Wednesday, July 13th. Finally, National Bank Financial raised their price objective on Agnico Eagle Mines from C$68.00 to C$74.25 in a report on Wednesday, July 13th. Six analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of C$63.25.
Agnico Eagle Mines (TSE:AEM) opened at 66.17 on Tuesday. Agnico Eagle Mines has a 52 week low of $33.00 and a 52 week high of $78.35. The company has a 50 day moving average price of $66.32 and a 200 day moving average price of $65.66. The stock has a market cap of $14.79 billion and a price-to-earnings ratio of 456.34.
About Agnico Eagle Mines