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

Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM had its target price lifted by stock analysts at Stifel Nicolaus from C$185.00 to C$195.00 in a report released on Monday,BayStreet.CA reports. Stifel Nicolaus' price objective suggests a potential upside of 27.03% from the company's current price.

AEM has been the topic of a number of other research reports. National Bank Financial raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, March 21st. BMO Capital Markets upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Tuesday, April 15th. Stifel Canada raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday, March 19th. Royal Bank of Canada increased their target price on shares of Agnico Eagle Mines to C$105.00 and gave the stock a "buy" rating in a research report on Thursday, March 6th. Finally, UBS Group lowered shares of Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 31st. One analyst has rated the stock with a hold rating, three have assigned a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of C$139.67.

Agnico Eagle Mines Trading Down 1.4 %

TSE:AEM traded down C$2.25 during mid-day trading on Monday, hitting C$153.51. 994,726 shares of the company's stock were exchanged, compared to its average volume of 1,084,630. The firm has a market capitalization of C$54.28 billion, a P/E ratio of 53.93, a PEG 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 company has a 50 day simple moving average of C$152.64 and a 200-day simple moving average of C$132.71. The company has a current ratio of 1.75, a quick ratio of 0.89 and a debt-to-equity ratio of 7.88.

Insider Activity

In other Agnico Eagle Mines news, Senior Officer Carol-Ann Plummer-Theriault sold 5,625 shares of the firm's stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of C$139.99, for a total transaction of C$787,455.00. Also, Director Sean Boyd sold 5,200 shares of the stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of C$161.51, for a total transaction of C$839,852.00. Over the last ninety days, insiders sold 31,825 shares of company stock valued at $4,798,757. 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.