BMO Capital analyst Andrew Breichmanas reiterated a Buy rating on Agnico Eagle (NYSE: AEM) on September 19 and set a price target of $55. The company’s shares opened today at $34.75, close to its 52-week low of $32.18.
According to TipRanks.com, Breichmanas is ranked #1477 out of 4879 analysts.
Agnico Eagle has an analyst consensus of Strong Buy, with a price target consensus of $55, implying a 58.3% upside from current levels. In a report issued on September 16, RBC Capital also reiterated a Buy rating on the stock with a $54 price target.
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The company has a one-year high of $49.80 and a one-year low of $32.18. Currently, Agnico Eagle has an average volume of 1.34M.
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Agnico Eagle Mines Ltd. engages in the exploration, development, sale, and production of gold mineral properties. The company was founded by Paul Penna on June 1, 1972 and is headquartered in Toronto, Canada.
