Best Bank Stocks To Invest In Right Now

National Bankshares cut shares of Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) to a hold rating in a research note released on Friday, TipRanks reports. The brokerage currently has $97.00 target price on the mining company’s stock.

Several other brokerages also recently issued reports on AEM. CIBC reiterated a buy rating and issued a $121.50 price target on shares of Agnico Eagle Mines in a report on Friday, July 9th. TheStreet raised shares of Agnico Eagle Mines from a c+ rating to a b- rating in a research report on Thursday, May 13th. National Bank Financial cut shares of Agnico Eagle Mines from an outperform rating to a sector perform rating and cut their target price for the stock from $97.00 to $90.00 in a report on Friday. Raymond James raised their target price on shares of Agnico Eagle Mines from $77.00 to $79.00 and gave the stock an outperform rating in a report on Tuesday, August 17th. Finally, Zacks Investment Research raised Agnico Eagle Mines from a hold rating to a buy rating and set a $71.00 price target on the stock in a report on Tuesday, July 6th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to, the company has a consensus rating of Buy and an average price target of $93.61.

Best Bank Stocks To Invest In Right Now: Suncor Energy Inc.(SU)

Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products. It operates in Oil Sands; Exploration and Production; Refining and Marketing; and Corporate, Energy Trading, and Eliminations segments. The Oil Sands segment recovers bitumen from mining and in situ development in northern Alberta, and upgrades it into refinery feedstock and diesel fuel or blends the bitumen with diluent for direct sale to market. The Exploration and Production segment is involved in offshore operations off the east coast of Canada and in the North Sea; and operating onshore assets in North America, Libya, and Syria. The Refining and Marketing segment refines crude oil and intermediate feedstock into petroleum and petrochemical products; manufactures blends; and markets refined petroleum products to retail, commercial, and industrial customers through its dealers and other retail stations. The Corporate, Energy Trading, and Eliminations segment owns interest in six wind power projects with generating capacity of 287 megawatts in Canada; and ethanol plant in Ontario, as well as engages in marketing, supply, and trading crude oil, natural gas, power, and byproducts. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1953 and is headquartered in Calgary, Canada.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Rockwell Collins, Inc. (NYSE:COL) saw some unusual options trading activity on Tuesday. Stock investors bought 1,159 call options on the stock. This represents an increase of 1,367% compared to the typical daily volume of 79 call options.

  • [By Lee Samaha]

    Investors in United Technologies (NYSE:UTX) should prepare for some pretty big changes at the conglomerate. It’s been a long time coming, but the company’s acquisition of Rockwell Collins (NYSE:COL) should be completed by the end of September, and within a couple of months, management will publicly outline the results of its review of strategic options. They are widely expected to deliver a breakup plan. Here’s the lowdown, and why splitting up the business makes sense.

  • [By Logan Wallace]

    Raymond James & Associates raised its stake in Rockwell Collins, Inc. (NYSE:COL) by 1.0% in the second quarter, Holdings Channel reports. The fund owned 43,229 shares of the aerospace company’s stock after purchasing an additional 441 shares during the quarter. Raymond James & Associates’ holdings in Rockwell Collins were worth $5,822,000 at the end of the most recent reporting period.

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