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Agnico Eagle (AEM) Gets a Hold from RBC Capital

Tipranks - Tipranks - Tue May 5, 9:00PM CDT

In a report released yesterday, Josh Wolfson from RBC Capital maintained a Hold rating on Agnico Eagle, with a price target of $280.00.

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According to TipRanks, Wolfson is a 5-star analyst with an average return of 20.4% and a 63.51% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Royal Gold, and Barrick Mining.

In addition to RBC Capital, Agnico Eagle also received a Hold from J.P. Morgan’s Bennett Moore in a report issued yesterday. However, on the same day, ATB Cormark Capital Markets upgraded Agnico Eagle (NYSE: AEM) to a Buy.

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AEM market cap is currently C$125.1B and has a P/E ratio of 14.97.

Based on the recent corporate insider activity of 91 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AEM in relation to earlier this year.

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