Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) had its target price decreased by UBS Group from $240.00 to $210.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the mining company’s stock. UBS Group’s target price would indicate a potential upside of 8.67% from the stock’s current price.
Several other equities analysts have also recently commented on AEM. Wall Street Zen upgraded Agnico Eagle Mines from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. Jefferies Financial Group set a $189.00 price target on shares of Agnico Eagle Mines in a research note on Sunday, December 7th. Erste Group Bank cut shares of Agnico Eagle Mines from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Raymond James Financial reiterated an “outperform” rating and set a $225.00 price objective on shares of Agnico Eagle Mines in a research note on Wednesday, January 14th. Finally, TD Securities raised their price objective on shares of Agnico Eagle Mines from $241.00 to $251.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $232.18.
Read Our Latest Report on Agnico Eagle Mines
Agnico Eagle Mines Stock Up 3.0%
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last issued its quarterly earnings results on Thursday, February 12th. The mining company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.13. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The firm had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the prior year, the business posted $1.26 earnings per share. Agnico Eagle Mines’s revenue for the quarter was up 60.3% on a year-over-year basis. As a group, equities analysts anticipate that Agnico Eagle Mines will post 4.63 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Agnico Eagle Mines
Institutional investors and hedge funds have recently made changes to their positions in the company. Salvus Wealth Management LLC lifted its stake in Agnico Eagle Mines by 0.9% during the fourth quarter. Salvus Wealth Management LLC now owns 6,301 shares of the mining company’s stock worth $1,068,000 after purchasing an additional 57 shares during the last quarter. Brookwood Investment Group LLC increased its stake in Agnico Eagle Mines by 4.5% during the fourth quarter. Brookwood Investment Group LLC now owns 1,361 shares of the mining company’s stock valued at $231,000 after purchasing an additional 58 shares during the last quarter. Baron Wealth Management LLC increased its stake in Agnico Eagle Mines by 3.2% during the fourth quarter. Baron Wealth Management LLC now owns 1,879 shares of the mining company’s stock valued at $319,000 after purchasing an additional 59 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Agnico Eagle Mines by 1.1% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,266 shares of the mining company’s stock worth $893,000 after purchasing an additional 59 shares during the period. Finally, Pure Portfolios Holdings LLC lifted its position in shares of Agnico Eagle Mines by 1.6% in the 3rd quarter. Pure Portfolios Holdings LLC now owns 3,781 shares of the mining company’s stock worth $637,000 after buying an additional 60 shares during the last quarter. 68.34% of the stock is owned by institutional investors and hedge funds.
Agnico Eagle Mines News Summary
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts (FY2026 to $14.22 from $13.05; FY2027 to $14.13 from $14.00), suggesting stronger forward earnings expectations that support AEM’s valuation. MarketBeat: Erste raises EPS estimates
- Neutral Sentiment: Increased retail and analyst attention — multiple outlets (Zacks, Yahoo) flag AEM as a “trending” or closely watched stock, which can amplify short-term volatility but is neutral for long-term fundamentals. Zacks: AEM Is a Trending Stock
- Negative Sentiment: UBS cut its price target on AEM from $240 to $210 and set a “Neutral” rating — a material downward revision to a major bank’s target that may limit upside in the near term. Benzinga: UBS lowers AEM price target
- Negative Sentiment: Market pieces noted a recent intraday pullback (March 26) where AEM fell more than the broader market, highlighting short-term selling pressure and volatility. Yahoo: Why AEM dipped more than broader market
- Negative Sentiment: AmericanBankingNews reported a downgrade to “Hold” at Erste Group (rating lowered), which can be read as reduced near-term conviction from at least one sell-side source. AmericanBankingNews: AEM Rating Lowered to Hold at Erste Group Bank
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.
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