Agnico Eagle Mines Limited (NYSE:AEM) is one of the 11 Best Stocks to Buy for Investment.
On January 23, TheFly reported that Canaccord Genuity raised the price target on Agnico Eagle Mines Limited (NYSE:AEM) from $224.33 to $252.10. Carey MacRury at Canaccord maintained his Buy rating on AEM while raising the price target.
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In other news, on January 19, TheFly reported that Lawson Winder at BofA raised the price target on Agnico Eagle Mines Limited (NYSE:AEM) from $227 to $252, while keeping his Buy rating on the stock. Winder has increased price targets across the North American precious metals group. The analyst pointed out that many of the macro drivers that lifted gold prices have intensified.
Winder expects Agnico Eagle Mines to post strong capital returns in Q4, along with other precious metals firms. The company is scheduled to report its quarterly results on February 12, 2026, with Street expecting an average EPS of $2.64, up from $1.26 from a year ago. The revenue is estimated to be around $3.44 billion, indicating a remarkable growth of over 54% year-over-year.
Agnico Eagle Mines Limited (NYSE:AEM) is a gold mining company that explores for precious metals. The company is engaged in the development and production of gold, silver, zinc, and copper.
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Disclosure: None. This article is originally published at Insider Monkey.