Agnico Eagle Mines (TSE:AEM)‘s stock had its “sell” rating reiterated by Mackie in a research note issued on Friday, Stock Ratings Network.com reports.
Shares of Agnico Eagle Mines (TSE: AEM) traded up 0.44% during mid-day trading on Friday, hitting $29.82. Agnico Eagle Mines has a 52 week low of $26.18 and a 52 week high of $56.99. The stock’s 50-day moving average is currently $29.37. The company has a market cap of $5.168 billion and a P/E ratio of 26.87.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James cut their price target on shares of Agnico Eagle Mines from C$41.00 to C$40.00 in a research note to investors on Friday. They now have a “market perform” rating on the stock. Separately, analysts at Credit Suisse cut their price target on shares of Agnico Eagle Mines from C$39.00 to C$38.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Finally, analysts at CSFB cut their price target on shares of Agnico Eagle Mines from C$39.00 to C$38.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock.
One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of C$40.14.
Agnico-Eagle Mines Limited (TSE: AEM) is a Canada-based international gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States.