Agnico Eagle Mines (AEM) Stock Forecast & Price Target

$78.16 +0.80 (+1.03%)

(As of 12/20/2024 05:31 PM ET)

Agnico Eagle Mines - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
1

Buy
7

Based on 8 Wall Street analysts who have issued ratings for Agnico Eagle Mines in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 1 has given a hold rating, and 7 have given a buy rating for AEM.

Consensus Price Target

$86.78
11.03% Upside

According to the 8 analysts' twelve-month price targets for Agnico Eagle Mines, the average price target is $86.78. The highest price target for AEM is $101.00, while the lowest price target for AEM is $71.00. The average price target represents a forecasted upside of 11.03% from the current price of $78.16.

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AEM Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$86.78	$86.78	$84.67	$67.40
Forecasted Upside	11.03% Upside	3.84% Upside	1.85% Upside	21.88% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

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AEM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AEM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Agnico Eagle Mines Stock vs. The Competition

Type	Agnico Eagle Mines	Basic Materials Companies	S&P 500
Consensus Rating Score	2.88	2.76	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	11.03% Upside	138.69% Upside	14.54% Upside
News Sentiment Rating	Positive News See Recent AEM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/4/2024	Jefferies Financial Group 2 of 5 stars		Boost Target	Hold ➝ Hold	$68.00 ➝ $85.00	+7.94%
9/17/2024	UBS Group 4 of 5 stars	D. Major Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$95.00	+15.80%
9/10/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Outperform	$80.00 ➝ $87.00	+12.24%
8/19/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Outperform ➝ Sector Outperform	$81.00 ➝ $94.00	+16.26%
8/2/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$90.00 ➝ $91.00	+21.67%
7/10/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperformer ➝ Outperformer	$81.00 ➝ $101.00	+38.07%
Get the Latest News and Ratings for AEM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Agnico Eagle Mines and its competitors with MarketBeat's FREE daily newsletter.
6/20/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$79.00 ➝ $77.00	+16.38%
4/30/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$65.00 ➝ $80.00	+25.10%
4/8/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Parkin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform Overweight
1/12/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$66.00 ➝ $71.00	+34.88%
8/17/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$60.00 ➝ $61.00	+32.21%
7/27/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$61.00 ➝ $62.00	+18.75%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:07 AM ET.

Should I Buy Agnico Eagle Mines Stock? AEM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 13, 2024. Please send any questions or comments about these Agnico Eagle Mines pros and cons to contact@marketbeat.com.

Agnico Eagle Mines
Bull Case

Here are some ways that investors could benefit from investing in Agnico Eagle Mines Limited:

Agnico Eagle Mines Limited has received multiple "buy" ratings from analysts, indicating strong confidence in the stock's potential for growth.
The stock price is currently at $83.55, which is near its 52-week high of $89.00, suggesting a positive market sentiment and potential for further appreciation.
Recent price target upgrades from various financial institutions, including a target of $95.00 from UBS Group, reflect optimism about the company's future performance.
The company has a solid market capitalization of approximately $41.95 billion, which indicates stability and the ability to invest in growth opportunities.
Agnico Eagle Mines Limited has a low debt-to-equity ratio of 0.06, suggesting that it is not heavily reliant on debt for financing, which can be a sign of financial health and lower risk for investors.

Agnico Eagle Mines
Bear Case

Investors should be bearish about investing in Agnico Eagle Mines Limited for these reasons:

The stock has a relatively high price-to-earnings (P/E) ratio of 41.78, which may indicate that it is overvalued compared to its earnings, potentially leading to a price correction.
Despite positive ratings, one analyst has issued a "hold" rating, suggesting that there may be concerns about the stock's short-term performance.
The company's quick ratio of 0.83 indicates that it may have difficulty meeting its short-term liabilities, which could pose a risk in times of financial strain.
Market volatility, as indicated by a beta of 1.09, suggests that the stock may experience larger price swings compared to the overall market, which could be a concern for risk-averse investors.
Recent trading volumes have been below average, which may indicate a lack of investor interest or confidence in the stock at its current price level.

AEM Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Agnico Eagle Mines is $86.78, with a high forecast of $101.00 and a low forecast of $71.00.
: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There is currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AEM shares.
: According to analysts, Agnico Eagle Mines's stock has a predicted upside of 11.03% based on their 12-month stock forecasts.
: Agnico Eagle Mines has been rated by research analysts at Jefferies Financial Group in the past 90 days.
: Analysts like Agnico Eagle Mines more than other "basic materials" companies. The consensus rating score for Agnico Eagle Mines is 2.88 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how AEM compares to other companies.

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This page (NYSE:AEM) was last updated on 12/21/2024 by MarketBeat.com Staff

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Agnico Eagle Mines (AEM) Stock Forecast & Price Target