RBC Capital Remains a Hold on Agnico Eagle (AEM)
In a report released yesterday, Josh Wolfson from RBC Capital maintained a Hold rating on Agnico Eagle, with a price target of $230.00.
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According to TipRanks, Wolfson is a 5-star analyst with an average return of 20.6% and a 62.81% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, OR Royalties, and Royal Gold.
Currently, the analyst consensus on Agnico Eagle is a Moderate Buy with an average price target of $254.14.
AEM market cap is currently C$124.1B and has a P/E ratio of 16.76.
Based on the recent corporate insider activity of 89 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.
Read More on AEM:
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