Agnico Eagle Mines (TSE:AEM) Price Target Raised to C$195.00

Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM had its price target lifted by research analysts at Stifel Nicolaus from C$185.00 to C$195.00 in a note issued to investors on Monday,BayStreet.CA reports. Stifel Nicolaus' target price suggests a potential upside of 23.93% from the stock's previous close.

Several other equities analysts have also recently weighed in on AEM. Stifel Canada raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research note on Wednesday, March 19th. UBS Group cut Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a report on Monday, March 31st. National Bankshares upped their target price on Agnico Eagle Mines from C$160.00 to C$190.00 and gave the company an "outperform" rating in a research report on Wednesday, March 19th. BMO Capital Markets upgraded shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Tuesday, April 15th. Finally, National Bank Financial raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, March 21st. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and four have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Agnico Eagle Mines currently has an average rating of "Buy" and a consensus price target of C$139.67.

Agnico Eagle Mines Stock Down 2.9 %

Shares of AEM stock traded down C$4.68 on Monday, hitting C$157.35. 346,296 shares of the stock were exchanged, compared to its average volume of 1,072,587. The company has a current ratio of 1.75, a quick ratio of 0.89 and a debt-to-equity ratio of 7.88. The firm has a market capitalization of C$55.64 billion, a P/E ratio of 55.28, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines has a fifty-two week low of C$86.66 and a fifty-two week high of C$175.33. The business has a 50-day moving average of C$152.01 and a 200 day moving average of C$132.41.

Insider Buying and Selling

In related news, Senior Officer Carol-Ann Plummer-Theriault sold 5,000 shares of Agnico Eagle Mines stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$150.99, for a total transaction of C$754,950.00. Also, Senior Officer Dominique Girard sold 10,000 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$148.32, for a total value of C$1,483,200.00. Insiders sold 26,625 shares of company stock valued at $3,958,905 over the last 90 days. Company insiders own 0.08% of the company's stock.

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.