Multiple research firms have recently released reports on Agnico Eagle Mines (AEM). BMO Capital Markets reduced their price target from $79.00 to $77.00 but maintains an outperform rating. Royal Bank of Canada increased their target from $80.00 to $87.00 with an outperform rating. CIBC raised its target from $81.00 to $101.00 with an outperform rating as well. StockNews.com upgraded the stock from hold to buy, while TD Securities increased their target from $90.00 to $91.00 and also gave it a buy rating. Currently, one analyst rates it as hold, and eight have rated it as buy. According to MarketBeat.com, the average price target is $86.78 with a consensus rating of Moderate Buy.
Read Our Latest Stock Analysis on Agnico Eagle Mines
Agnico Eagle Mines Stock Performance
Agnico Eagle Mines shares fell $1.12 to $78.82 during trading on Friday, with a volume of 2,461,008 shares. The stock has a 1-year low of $43.29 and a high of $85.14. Key ratios include a current ratio of 1.51, quick ratio of 0.76, and a debt-to-equity ratio of 0.06. The market cap stands at $39.43 billion with a P/E ratio of 82.96. Last quarter, Agnico reported $1.07 EPS, beating expectations of $0.93, and revenue reached $2.08 billion, up 20.9% from the previous year.
Institutional Trading of Agnico Eagle Mines
Hedge funds have recently changed their stakes in Agnico. SG Americas Securities boosted their stake by 20.9%. Other funds, like the Healthcare of Ontario Pension Plan Trust Fund and Vienna Powszechne Towarzystwo Emerytalne, acquired new positions. Institutional investors and hedge funds own 68.34% of the stock.
Agnico Eagle Mines Company Profile
Agnico Eagle Mines Limited focuses on gold mining, with operations in Canada, Australia, Finland, and Mexico.
Featured Articles
- Five stocks we like better than Agnico Eagle Mines
- What Are Dividend Achievers? An Introduction
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
- 3 Healthcare Dividend Stocks to Buy
- MarketBeat Week in Review – 9/30 – 10/4
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Top Streaming Companies: Who’s Winning the Battle?
Receive News & Ratings for Agnico Eagle Mines Daily – Enter your email below to get daily updates on Agnico Eagle Mines and related companies with MarketBeat.com’s FREE daily email newsletter.
`
