Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) had its price objective lifted by equities researchers at Canaccord Genuity Group from C$92.00 to C$105.00 in a report released on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target would suggest a potential upside of 20.33% from the stock’s current price.
A number of other equities analysts have also weighed in on AEM. TD Securities lowered their target price on Agnico Eagle Mines to C$62.00 and set a “buy” rating on the stock in a research report on Wednesday, February 21st. Veritas Investment Research raised their price objective on shares of Agnico Eagle Mines from C$88.40 to C$118.00 in a research note on Friday, April 12th. Eight Capital lifted their price objective on shares of Agnico Eagle Mines from C$92.00 to C$105.00 and gave the company a “buy” rating in a report on Monday. Stifel Nicolaus upped their target price on shares of Agnico Eagle Mines from C$94.00 to C$104.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Finally, National Bank Financial reiterated an “outperform overweight” rating on shares of Agnico Eagle Mines in a research note on Monday, April 8th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$97.50.
Get Our Latest Analysis on AEM
Agnico Eagle Mines Stock Up 1.5 %
Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last issued its earnings results on Thursday, February 15th. The company reported C$0.78 EPS for the quarter, beating the consensus estimate 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 company had revenue of C$2.39 billion during the quarter, compared to the consensus estimate of C$2.04 billion. Equities research analysts predict 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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