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Dahlman Rose Upgrades Agnico-Eagle Mines Ltd. (AEM) to Buy; Attractive Valuation Ex-Goldex

November 3, 2011 7:32 AM EDT
Get Alerts AEM Hot Sheet
Price: $62.76 +0.80%

Rating Summary:
    11 Buy, 13 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 10 | New: 13
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Dahlman Rose upgraded Agnico-Eagle Mines Ltd. (NYSE: AEM) from Hold to Buy.

Dahlman analyst says, "Following the impact of the Goldex write-off, we believe the stock now trades at an attractive valuation relative to its peers. We remain confident in management's abilities to provide value to shareholders through its remaining operations."

For more ratings news on Agnico-Eagle Mines Ltd. click here and for the rating history of Agnico-Eagle Mines Ltd. click here.

Shares of Agnico-Eagle Mines Ltd. closed at $44.01 yesterday.


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