Agnico Eagle Mines (NYSE:AEM) Stock Moved Down to "Hold" by Freedom Broker

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM was downgraded by Freedom Broker from a "buy" rating to a "hold" rating in a report issued on Thursday, MarketBeat.com reports. They presently have a $212.00 price target on the mining company's stock, down from their prior price target of $255.00. Freedom Broker's target price points to a potential upside of 21.95% from the stock's previous close.

AEM has been the topic of several other research reports. Barclays lifted their target price on Agnico Eagle Mines from $188.00 to $218.00 and gave the company an "overweight" rating in a research note on Monday, October 19th. Bank of America reduced their target price on shares of Agnico Eagle Mines from $302.00 to $240.00 and set a "buy" rating for the company in a report on Thursday, July 9th. Citigroup decreased their price target on shares of Agnico Eagle Mines from $256.00 to $200.00 and set a "buy" rating for the company in a research report on Monday, July 27th. Zacks Research upgraded shares of Agnico Eagle Mines from a "strong sell" rating to a "hold" rating in a report on Monday, September 7th. Finally, Scotia cut their price objective on shares of Agnico Eagle Mines from $280.00 to $278.00 and set a "sector outperform" rating on the stock in a research report on Friday, July 3rd. Thirteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Agnico Eagle Mines presently has a consensus rating of "Moderate Buy" and a consensus price target of $224.33.

Agnico Eagle Mines Stock Down 1.3%

Agnico Eagle Mines stock traded down $2.31 during mid-day trading on Thursday, reaching $173.84. 1,621,356 shares of the company were exchanged, compared to its average volume of 1,723,083. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.02 and a current ratio of 2.86. The firm has a market cap of $88.13 billion, a P/E ratio of 14.87, a PEG ratio of 2.61 and a beta of 0.64. The business has a fifty day moving average of $195.12 and a 200 day moving average of $180.99. Agnico Eagle Mines has a 12-month low of $134.38 and a 12-month high of $255.24.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last announced its quarterly earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.89 by $0.16. The business had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.78 billion. Agnico Eagle Mines had a return on equity of 22.04% and a net margin of 40.44%. The business's revenue was up 35.0% compared to the same quarter last year. During the same period last year, the business posted $1.94 EPS. Research analysts anticipate that Agnico Eagle Mines will post 11.45 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Aries Wealth Management lifted its position in Agnico Eagle Mines by 1.4% during the 3rd quarter. Aries Wealth Management now owns 5,620 shares of the mining company's stock worth $1,030,000 after acquiring an additional 80 shares during the period. Kingswood Wealth Advisors LLC grew its stake in Agnico Eagle Mines by 15.2% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 3,063 shares of the mining company's stock valued at $561,000 after purchasing an additional 405 shares during the last quarter. Bright Futures Wealth Management LLC. purchased a new stake in Agnico Eagle Mines during the 3rd quarter valued at about $416,000. Signaturefd LLC grew its stake in Agnico Eagle Mines by 7.0% during the 3rd quarter. Signaturefd LLC now owns 12,927 shares of the mining company's stock valued at $2,369,000 after purchasing an additional 844 shares during the last quarter. Finally, Lorne Steinberg Wealth Management Inc. acquired a new position in shares of Agnico Eagle Mines in the third quarter valued at about $418,000. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

Agnico Eagle Mines News Summary

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: JPMorgan Chase raised its price target for Agnico Eagle, signaling continued confidence in the company’s outlook. Agnico Eagle Mines Stock Gets Price Target Increase from JPMorgan Chase & Co.
• Positive Sentiment: Elevated gold prices and reported record cash flow are drawing investor attention because miners generally benefit from widening margins when bullion prices rise. Agnico is also being highlighted as a relatively strong operator with quality assets. Agnico Eagle Mines Draws Focus as Record Cash Flow Meets Elevated Gold Prices
• Positive Sentiment: RBC Dominion Securities assigned a $225 price target and a “sector perform” rating, while the broader average brokerage recommendation remains favorable. These targets imply substantial upside from recent trading levels, although analyst optimism may be overstated. RBC Dominion Securities price target
• Neutral Sentiment: Wall Street’s Q3 2026 preview focuses on production, costs, revenue, and other operating metrics. The articles provide estimates rather than actual results, so the upcoming report could become an important catalyst. Agnico Q3 earnings preview
• Negative Sentiment: Freedom Broker downgraded AEM from “buy” to “hold” and reduced its price target to $212 from $255. The broker cited execution risks at Canadian Malartic and Odyssey, lower earnings and EBITDA projections, cost-inflation concerns, and Agnico’s premium valuation relative to peers. Why Did Agnico Eagle Mines Stock Drop?
• Negative Sentiment: Erste Group Bank made a small reduction to its FY2027 EPS forecast, lowering it to $12.30 from $12.35. Although modest, the revision reinforces concerns about future earnings growth. Agnico Eagle earnings estimate revision

About Agnico Eagle Mines

Agnico Eagle Mines Limited NYSE: AEM is a Canadian gold mining company engaged in the exploration, development and production of gold, as well as related activities such as mineral processing and mine-site reclamation. The company’s principal product is gold, with silver and other byproducts also recovered from certain operations.

Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s largest gold producers. Its operating portfolio is concentrated in established mining regions, including the Canadian provinces of Ontario and Quebec, Nunavut in northern Canada, and Finland.