Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) had its price target raised by equities research analysts at Eight Capital from C$92.00 to C$105.00 in a research note issued on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Eight Capital’s target price suggests a potential upside of 23.04% from the stock’s previous close.
AEM has been the subject of a number of other research reports. Stifel Nicolaus increased their price target on shares of Agnico Eagle Mines from C$94.00 to C$104.00 and gave the company a “buy” rating in a report on Friday. Veritas Investment Research increased their price target on shares of Agnico Eagle Mines from C$88.40 to C$118.00 in a report on Friday, April 12th. Cormark decreased their price objective on shares of Agnico Eagle Mines from C$97.00 to C$90.00 in a research note on Tuesday, February 20th. National Bankshares decreased their price objective on shares of Agnico Eagle Mines from C$105.00 to C$104.00 and set an “outperform” rating for the company in a research note on Friday. Finally, TD Securities decreased their price objective on shares of Agnico Eagle Mines to C$62.00 and set a “buy” rating for the company in a research note on Wednesday, February 21st. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$95.75.
Agnico Eagle Mines Trading Down 2.8 %
Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last announced its quarterly earnings results on Thursday, February 15th. The company reported C$0.78 EPS for the quarter, beating analysts’ consensus estimates of C$0.65 by C$0.13. Agnico Eagle Mines had a net margin of 29.29% and a return on equity of 10.89%. The firm had revenue of C$2.39 billion during the quarter, compared to the consensus estimate of C$2.04 billion. On average, research analysts predict that Agnico Eagle Mines will post 3.4364596 EPS for the current fiscal 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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