Agnico Eagle Mines (NYSE:AEM) Earns Neutral Rating from Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. initiated coverage on shares of Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) in a research note issued to investors on Thursday morning, Marketbeat.com reports. The brokerage issued a neutral rating and a $248.00 price objective on the mining company’s stock.

AEM has been the subject of several other reports. CIBC raised their target price on Agnico Eagle Mines from $165.00 to $231.00 and gave the stock an “outperformer” rating in a research report on Friday, October 10th. Bank of America lifted their target price on shares of Agnico Eagle Mines from $209.00 to $226.00 and gave the company a “buy” rating in a research report on Thursday, October 16th. Wall Street Zen raised shares of Agnico Eagle Mines from a “buy” rating to a “strong-buy” rating in a research report on Monday, January 19th. Weiss Ratings cut shares of Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, January 12th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $225.00 price objective on shares of Agnico Eagle Mines in a research note on Wednesday, January 14th. Four research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $224.73.

Agnico Eagle Mines Trading Down 11.6%

NYSE AEM opened at $190.46 on Thursday. The firm has a market cap of $95.36 billion, a PE ratio of 27.80, a P/E/G ratio of 0.59 and a beta of 0.63. Agnico Eagle Mines has a one year low of $92.11 and a one year high of $225.00. The firm’s fifty day moving average is $182.93 and its two-hundred day moving average is $162.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.31 and a current ratio of 2.12.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its quarterly earnings data on Wednesday, October 29th. The mining company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.40. The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $2.93 billion. Agnico Eagle Mines had a net margin of 32.62% and a return on equity of 15.64%. During the same quarter last year, the firm posted $1.14 earnings per share. Analysts expect that Agnico Eagle Mines will post 4.63 earnings per share for the current year.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. lifted its holdings in Agnico Eagle Mines by 13.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,133,384 shares of the mining company’s stock valued at $192,951,000 after buying an additional 134,147 shares in the last quarter. Ninety One UK Ltd grew its stake in Agnico Eagle Mines by 386.5% in the 3rd quarter. Ninety One UK Ltd now owns 188,189 shares of the mining company’s stock worth $31,703,000 after acquiring an additional 149,506 shares in the last quarter. Campbell & CO Investment Adviser LLC increased its position in shares of Agnico Eagle Mines by 1,560.8% during the third quarter. Campbell & CO Investment Adviser LLC now owns 48,677 shares of the mining company’s stock worth $8,205,000 after acquiring an additional 45,746 shares during the period. Addenda Capital Inc. raised its stake in shares of Agnico Eagle Mines by 2.3% during the third quarter. Addenda Capital Inc. now owns 724,231 shares of the mining company’s stock valued at $122,076,000 after acquiring an additional 15,965 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Agnico Eagle Mines by 5.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 11,712,397 shares of the mining company’s stock valued at $1,974,242,000 after purchasing an additional 602,489 shares during the period. 68.34% of the stock is owned by institutional investors.

Agnico Eagle Mines News Summary

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

• Positive Sentiment: Canaccord raised its price target on AEM to $252.10 and kept a Buy rating, signaling continued analyst confidence and upside potential. Analysts Remain Bullish on Agnico Eagle Mines Limited as They Raise Their Price Targets
• Positive Sentiment: Agnico agreed to sell its stake in the Barsele/Gunnarn assets to Goldsky Resources for about $166M (cash and stock), which should bolster liquidity and free up capital for core projects or returns to shareholders. Agnico Eagle to sell stake in Barsele gold project to Goldsky Resources
• Positive Sentiment: Operational cash flow remains a strength: Q3 free cash flow roughly doubled year-over-year, supporting investment, debt reduction and shareholder returns — a fundamental tailwind for valuation over time. Can Agnico Eagle’s Solid Free Cash Flow Drive Its Next Growth Phase?
• Neutral Sentiment: JPMorgan initiated coverage with a Neutral rating and a $248 target — the call provides a sizable upside from recent levels but is not a buy endorsement, which may limit immediate buying momentum.
• Neutral Sentiment: Benzinga (citing JPMorgan views) highlights a valuation divergence between Barrick and Agnico — investors may be rotating between names based on balance-sheet/production profiles rather than the gold price alone. Barrick (B) Vs. Agnico Eagle (AEM): Why One Gold Stock Is 22% Cheaper Today
• Negative Sentiment: Short-term selling pressure: multiple market reports note AEM fell more than the broader market in recent sessions (heavy volume and a steep two-day decline), consistent with profit-taking after a large one‑year run-up. Agnico Eagle Mines (AEM) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: Investor re-pricing risk after a large one‑year gain (reported as ~143% in some coverage): high returns can prompt rotation out of the name and amplify volatility even when fundamentals remain solid. Is Agnico Eagle Mines (AEM) Pricing Reflect A 143% One Year Share Price Jump

About Agnico Eagle Mines

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.