Wall Street Zen Downgrades Agnico Eagle Mines (NYSE:AEM) to Buy

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

Other research analysts have also recently issued reports about the company. Raymond James Financial reaffirmed an “outperform” rating and issued a $225.00 target price on shares of Agnico Eagle Mines in a research report on Wednesday, January 14th. Royal Bank Of Canada cut shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from $185.00 to $205.00 in a research note on Wednesday, December 10th. TD Securities raised their price objective on shares of Agnico Eagle Mines from $154.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. 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, JPMorgan Chase & Co. initiated coverage on shares of Agnico Eagle Mines in a research report on Thursday. They issued a “neutral” rating and a $248.00 price target for the company. Four equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Agnico Eagle Mines presently has an average rating of “Buy” and an average price target of $224.73.

Agnico Eagle Mines Stock Down 11.6%

AEM stock opened at $190.46 on Friday. Agnico Eagle Mines has a twelve month low of $92.11 and a twelve month high of $225.00. The company has a quick ratio of 1.31, a current ratio of 2.12 and a debt-to-equity ratio of 0.01. The company has a market cap of $95.36 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 0.59 and a beta of 0.63. The business’s 50-day simple moving average is $182.93 and its 200 day simple moving average is $161.97.

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

Institutional Investors Weigh In On Agnico Eagle Mines

A number of hedge funds have recently made changes to their positions in the company. True Wealth Design LLC boosted its holdings in shares of Agnico Eagle Mines by 381.3% in the 3rd quarter. True Wealth Design LLC now owns 154 shares of the mining company’s stock worth $26,000 after acquiring an additional 122 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its stake in shares of Agnico Eagle Mines by 59.7% in the third quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company’s stock valued at $33,000 after buying an additional 74 shares in the last quarter. MCF Advisors LLC acquired a new stake in shares of Agnico Eagle Mines in the third quarter valued at $34,000. Lodestone Wealth Management LLC bought a new position in shares of Agnico Eagle Mines in the fourth quarter valued at about $35,000. Finally, Abound Wealth Management lifted its position in Agnico Eagle Mines by 99.0% during the 4th quarter. Abound Wealth Management now owns 209 shares of the mining company’s stock worth $35,000 after buying an additional 104 shares in the last quarter. Institutional investors and hedge funds own 68.34% of the company’s stock.

Trending Headlines about Agnico Eagle Mines

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

Agnico Eagle Mines Company Profile

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.