Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) had its price target reduced by research analysts at National Bankshares from C$105.00 to C$104.00 in a report issued on Friday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price suggests a potential upside of 19.17% from the stock’s current price.
Other research analysts have also issued research reports about the company. TD Securities reduced their price target on Agnico Eagle Mines to C$62.00 and set a “buy” rating on the stock in a research note on Wednesday, February 21st. National Bank Financial reissued an “outperform overweight” rating on shares of Agnico Eagle Mines in a research note on Monday, April 8th. Stifel Nicolaus increased their price target on Agnico Eagle Mines from C$94.00 to C$104.00 and gave the stock a “buy” rating in a research note on Friday. Cormark reduced their price target on Agnico Eagle Mines from C$97.00 to C$90.00 in a research note on Tuesday, February 20th. Finally, Veritas Investment Research increased their target price on Agnico Eagle Mines from C$88.40 to C$118.00 in a research report on Friday, April 12th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Agnico Eagle Mines currently has an average rating of “Buy” and an average price target of C$90.88.
Read Our Latest Analysis on Agnico Eagle Mines
Agnico Eagle Mines Price Performance
Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last posted its earnings results on Thursday, February 15th. The company reported C$0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.65 by C$0.13. Agnico Eagle Mines had a return on equity of 10.89% and a net margin of 29.29%. The firm had revenue of C$2.39 billion for the quarter, compared to analyst estimates of C$2.04 billion. On average, research analysts forecast that Agnico Eagle Mines will post 3.4364596 earnings per share for the current year.
Agnico Eagle Mines Company Profile
Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.
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