Agnico Eagle Mines Ltd (TSE:AEM) (NYSE:AEM) had its price objective increased by Canaccord Genuity from C$75.00 to C$77.00 in a report published on Friday morning.
AEM has been the subject of several other research reports. Royal Bank Of Canada reissued a sector perform rating and set a C$90.00 price target on shares of Agnico Eagle Mines in a report on Wednesday, November 23rd. Desjardins dropped their price objective on Agnico Eagle Mines to C$77.00 in a research note on Thursday, October 20th. TD Securities reaffirmed a hold rating and issued a C$61.00 price objective on shares of Agnico Eagle Mines in a research note on Monday, October 31st. Barclays PLC dropped their price objective on Agnico Eagle Mines from C$61.00 to C$58.00 in a research note on Tuesday, January 10th. Finally, Raymond James Financial, Inc. raised Agnico Eagle Mines from a market perform rating to an outperform rating in a research note on Tuesday, October 25th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of Hold and a consensus price target of C$65.52.
Agnico Eagle Mines (TSE:AEM) opened at 66.87 on Friday. The stock has a market capitalization of $15.02 billion and a PE ratio of 187.84. The firm has a 50-day moving average price of $56.63 and a 200-day moving average price of $64.36. Agnico Eagle Mines has a 52 week low of $39.23 and a 52 week high of $78.35.
In other Agnico Eagle Mines news, insider Yvon Sylvestre sold 922 shares of the company’s stock in a transaction that occurred on Thursday, January 12th. The stock was sold at an average price of C$60.99, for a total transaction of C$56,232.78. Also, insider Ammar Al-Joundi acquired 2,000 shares of the firm’s stock in a transaction on Friday, January 13th. The shares were bought at an average price of C$60.62 per share, for a total transaction of C$121,240.00.
About Agnico Eagle Mines
Agnico Eagle Mines Limited is a 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. The Company operates through three business units. The Northern Business consists of its operations in Canada and Finland.