Agnico Eagle Mines (TSE:AEM) PT Raised to C$105.00 at Canaccord Genuity Group

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) had its price target upped by Canaccord Genuity Group from C$92.00 to C$105.00 in a research report issued on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price objective would indicate a potential upside of 20.33% from the stock’s current price.

Several other research firms have also recently weighed in on AEM. National Bankshares lowered 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 report on Friday, April 19th. 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 report on Wednesday, February 21st. Stifel Nicolaus increased their target price on Agnico Eagle Mines from C$94.00 to C$104.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Veritas Investment Research boosted their target price on Agnico Eagle Mines from C$88.40 to C$118.00 in a research report on Friday, April 12th. Finally, Eight Capital increased their price target on shares of Agnico Eagle Mines from C$92.00 to C$105.00 and gave the company a “buy” rating in a research report on Monday. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$97.50.

Agnico Eagle Mines Stock Up 1.5 %

Shares of TSE:AEM opened at C$87.26 on Tuesday. The company’s fifty day moving average is C$75.80 and its 200-day moving average is C$70.86. The company has a debt-to-equity ratio of 10.32, a quick ratio of 0.89 and a current ratio of 2.09. Agnico Eagle Mines has a 52 week low of C$59.36 and a 52 week high of C$88.27. The company has a market capitalization of C$43.48 billion, a PE ratio of 16.13, a P/E/G ratio of 22.97 and a beta of 1.07.

Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) last posted its quarterly earnings data on Thursday, February 15th. The company reported C$0.78 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of C$2.39 billion during the quarter, compared to analyst estimates of C$2.04 billion. Equities research analysts predict that Agnico Eagle Mines will post 3.4364596 earnings per share 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.