Agnico Eagle Mines Limited (NYSE:AEM) Stock Has Consensus Price Target of $227.00

Key Points

• Analysts have a “Moderate Buy” consensus on Agnico Eagle Mines, with 13 buy ratings and six holds among 19 firms; the average 12-month price target is $227.
• The company beat quarterly expectations, reporting EPS of $2.62 versus the $2.47 consensus and revenue of $3.54 billion; revenue rose 17.1% year over year.
• Recent coverage highlights strong free cash flow and leverage to gold prices, while lower earnings forecasts and rising project costs pose potential risks.

Shares of Agnico Eagle Mines Limited (NYSE:AEM - Get Free Report) TSE: AEM have received a consensus rating of "Moderate Buy" from the nineteen research firms that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $227.00.

A number of equities analysts recently commented on AEM shares. Canadian Imperial Bank of Commerce set a $239.00 target price on Agnico Eagle Mines in a report on Friday, October 16th. Barclays cut their price target on shares of Agnico Eagle Mines from $218.00 to $215.00 and set an "overweight" rating on the stock in a research note on Monday, November 2nd. Citigroup reduced their price target on shares of Agnico Eagle Mines from $256.00 to $200.00 and set a "buy" rating on the stock in a research report on Monday, July 27th. RBC Dominion Securities set a $225.00 price objective on shares of Agnico Eagle Mines and gave the company a "sector perform" rating in a research note on Thursday, October 22nd. Finally, Weiss Ratings raised shares of Agnico Eagle Mines from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, October 14th.

Latest Agnico Eagle Mines News

Here's some of the latest news about AEM:

• Positive Sentiment: Agnico is generating solid free cash flow and showing operating leverage to gold prices. One article also notes that the miners-to-gold ratio remains below its long-term average, suggesting investors may not fully reflect miners’ cash generation in valuations. Article: Agnico Eagle Mines Is Showing Strong Free Cash Flow Leverage To Gold
• Negative Sentiment: Zacks Research cut its EPS forecasts across several periods, including FY2026 to $11.22 from $11.65 and FY2027 to $10.17 from $10.62. It also lowered quarterly estimates through 2027 and into 2028, while maintaining a “Hold” rating. Lower profit expectations may weigh on sentiment.
• Negative Sentiment: Recent article headlines cite cost pressure as projects advance and costs rise. One says the company held its outlook, which may temper concern, but rising costs remain a risk to margins. Article: Agnico Eagle Mines Stock Faces Cost Pressure as Projects Advance Article: Agnico Eagle Mines Stock Holds Outlook as Costs Rise

Hedge Funds Weigh In On Agnico Eagle Mines

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fortitude Family Office LLC increased its position in shares of Agnico Eagle Mines by 600.0% during the third quarter. Fortitude Family Office LLC now owns 140 shares of the mining company's stock worth $26,000 after acquiring an additional 120 shares during the period. DiPaolo Financial Group Inc. purchased a new position in Agnico Eagle Mines in the third quarter valued at $32,000. Markowski Investments purchased a new position in Agnico Eagle Mines in the second quarter valued at $29,000. Sawyer & Company Inc purchased a new position in Agnico Eagle Mines in the third quarter valued at $35,000. Finally, Dunhill Financial LLC acquired a new position in Agnico Eagle Mines during the 2nd quarter worth $31,000. Hedge funds and other institutional investors own 68.34% of the company's stock.

Agnico Eagle Mines Trading Up 0.0%

NYSE:AEM traded up $0.01 during trading hours on Friday, reaching $178.42. 1,204,980 shares of the stock were exchanged, compared to its average volume of 2,018,961. Agnico Eagle Mines has a twelve month low of $134.38 and a twelve month high of $255.24. The business has a 50-day moving average of $187.53 and a two-hundred day moving average of $188.30. The company has a market capitalization of $90.26 billion, a price-to-earnings ratio of 14.55, a PEG ratio of 2.73 and a beta of 0.69. The company has a quick ratio of 1.90, a current ratio of 2.75 and a debt-to-equity ratio of 0.01.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last issued its quarterly earnings data on Wednesday, October 28th. The mining company reported $2.62 earnings per share for the quarter, beating analysts' consensus estimates of $2.47 by $0.15. The business had revenue of $3.54 billion during the quarter, compared to analysts' expectations of $3.51 billion. Agnico Eagle Mines had a return on equity of 21.68% and a net margin of 41.01%. The company's revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 earnings per share. On average, equities analysts predict that Agnico Eagle Mines will post 11.36 EPS for the current year.

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.

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