Agnico Eagle Mines (NYSE:AEM) Now Covered by Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) in a research report report published on Thursday morning, Marketbeat reports. The firm issued a neutral rating and a $248.00 price target on the mining company’s stock.

A number of other brokerages have also recently weighed in on AEM. Raymond James Financial restated an “outperform” rating and issued a $225.00 price objective on shares of Agnico Eagle Mines in a research note on Wednesday, January 14th. Royal Bank Of Canada downgraded shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from $185.00 to $205.00 in a report on Wednesday, December 10th. Citigroup upped their price target on shares of Agnico Eagle Mines from $198.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Zacks Research downgraded Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Weiss Ratings lowered Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, January 12th. Four equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $220.18.

Agnico Eagle Mines Stock Performance

Shares of NYSE AEM opened at $215.33 on Thursday. The business’s 50-day simple moving average is $182.31 and its 200-day simple moving average is $161.48. 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 has a 52 week low of $91.25 and a 52 week high of $225.00. The firm has a market cap of $107.81 billion, a price-to-earnings ratio of 31.44, a P/E/G ratio of 0.63 and a beta of 0.63.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its earnings results on Wednesday, October 29th. The mining company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.40. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $2.93 billion. Agnico Eagle Mines had a return on equity of 15.64% and a net margin of 32.62%.During the same period in the previous year, the company earned $1.14 EPS. As a group, equities research analysts expect that Agnico Eagle Mines will post 4.63 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AEM. Brighton Jones LLC grew its position in Agnico Eagle Mines by 11.5% during the fourth quarter. Brighton Jones LLC now owns 3,216 shares of the mining company’s stock worth $252,000 after buying an additional 331 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Agnico Eagle Mines by 36.4% during the 1st quarter. AQR Capital Management LLC now owns 19,829 shares of the mining company’s stock worth $2,150,000 after purchasing an additional 5,293 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Agnico Eagle Mines by 57.2% during the second quarter. Sivia Capital Partners LLC now owns 3,188 shares of the mining company’s stock valued at $379,000 after purchasing an additional 1,160 shares during the period. HB Wealth Management LLC increased its position in shares of Agnico Eagle Mines by 13.0% during the second quarter. HB Wealth Management LLC now owns 5,571 shares of the mining company’s stock valued at $663,000 after purchasing an additional 639 shares during the period. Finally, Capital Investment Advisors LLC raised its stake in shares of Agnico Eagle Mines by 38.4% in the second quarter. Capital Investment Advisors LLC now owns 3,263 shares of the mining company’s stock valued at $388,000 after purchasing an additional 906 shares in the last quarter. Institutional investors and hedge funds own 68.34% of the company’s stock.

Key Stories Impacting Agnico Eagle Mines

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

• Positive Sentiment: Agnico agreed to sell its remaining 55% interest in Gunnarn/Barsele to Goldsky for US$20M cash, ~75.5M Goldsky shares (ascribed at C$2.64) and a 2% NSR on Barsele — provides near-term proceeds, a royalty stream and de-risks the Swedish asset exposure. AGNICO EAGLE ANNOUNCES AGREEMENT WITH GOLDSKY RESOURCES CORP. RELATING TO THE BARSELE PROJECT
• Positive Sentiment: Analysts (Canaccord) raised AEM’s price target (to ~$252.10) and reiterated Buy — supports upside vs current levels and signals continued analyst confidence in earnings/cash flow. Analysts Remain Bullish on Agnico Eagle Mines Limited as They Raise Their Price Targets
• Positive Sentiment: Q3 free cash flow nearly doubled year-over-year, supporting growth investments, debt reduction and shareholder returns — underpins medium-term fundamentals. Can Agnico Eagle’s Solid Free Cash Flow Drive Its Next Growth Phase?
• Neutral Sentiment: JPMorgan initiated coverage with a Neutral rating and $248 PT — acknowledges upside from here but stops short of a Buy, which may limit immediate bullish momentum. (coverage note)
• Neutral Sentiment: Zacks and other outlets flag AEM as a trending/watched stock — increased attention can boost liquidity and volatility but is ambiguous for direction. Here is What to Know Beyond Why Agnico Eagle Mines Limited (AEM) is a Trending Stock
• Negative Sentiment: Shares have pulled back more than the market in the latest session — short-term profit-taking after a large one-year rally is likely contributing to the drop. Agnico Eagle Mines (AEM) Declines More Than Market: Some Information for Investors
• Negative Sentiment: Sector commentary highlights a valuation divergence between Agnico and peers (e.g., Barrick) — investors may rotate toward cheaper names if relative valuation becomes a focus. Barrick (B) Vs. Agnico Eagle (AEM): Why One Gold Stock Is 22% Cheaper Today

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.