JPMorgan Chase & Co. Cuts Agnico Eagle Mines (NYSE:AEM) Price Target to $175.00

Posted by George Bondi on Jul 21st, 2026

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) had its price target reduced by investment analysts at JPMorgan Chase & Co. from $222.00 to $175.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the mining company’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 24.38% from the company’s current price.

AEM has been the subject of a number of other research reports. Scotia decreased their price objective on shares of Agnico Eagle Mines from $280.00 to $278.00 and set a “sector outperform” rating for the company in a research note on Friday, July 3rd. Citigroup reissued a “positive” rating on shares of Agnico Eagle Mines in a research note on Wednesday, July 15th. Barclays reduced their target price on Agnico Eagle Mines from $210.00 to $188.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Zacks Research downgraded Agnico Eagle Mines from a “hold” rating to a “strong sell” rating in a report on Friday. Finally, Canadian Imperial Bank of Commerce set a $285.00 price target on Agnico Eagle Mines in a report on Thursday. Twelve analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Agnico Eagle Mines presently has a consensus rating of “Moderate Buy” and a consensus price target of $230.00.

Get Our Latest Report on Agnico Eagle Mines

Agnico Eagle Mines Trading Up 3.2%

Shares of AEM traded up $4.36 during midday trading on Tuesday, hitting $140.69. The stock had a trading volume of 927,714 shares, compared to its average volume of 2,681,614. Agnico Eagle Mines has a fifty-two week low of $122.32 and a fifty-two week high of $255.24. The business has a 50-day simple moving average of $164.20 and a two-hundred day simple moving average of $191.31. The firm has a market cap of $71.41 billion, a P/E ratio of 13.26, a price-to-earnings-growth ratio of 1.82 and a beta of 0.60. The company has a current ratio of 3.15, a quick ratio of 2.18 and a debt-to-equity ratio of 0.01.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last released its quarterly earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.19 by $0.21. Agnico Eagle Mines had a net margin of 39.46% and a return on equity of 21.09%. The business had revenue of $4 billion for the quarter, compared to analyst estimates of $3.96 billion. During the same quarter in the previous year, the business earned $1.53 earnings per share. The firm’s revenue was up 66.1% compared to the same quarter last year. As a group, equities analysts forecast that Agnico Eagle Mines will post 12.29 EPS for the current year.

Institutional Investors Weigh In On Agnico Eagle Mines

Hedge funds and other institutional investors have recently made changes to their positions in the company. Acumen Wealth Advisors LLC acquired a new position in Agnico Eagle Mines in the fourth quarter worth approximately $26,000. Abound Wealth Management lifted its stake in Agnico Eagle Mines by 99.0% in the fourth quarter. Abound Wealth Management now owns 209 shares of the mining company’s stock valued at $35,000 after acquiring an additional 104 shares during the last quarter. Lodestone Wealth Management LLC acquired a new stake in Agnico Eagle Mines in the fourth quarter valued at approximately $35,000. Jessup Wealth Management Inc bought a new stake in Agnico Eagle Mines in the fourth quarter worth approximately $35,000. Finally, Allied Private Wealth LLC bought a new stake in Agnico Eagle Mines in the second quarter worth approximately $36,000. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Company Profile

(Get Free Report)

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.