Freedom Broker Cuts Agnico Eagle Mines (AEM) Price Target to $212

Freedom Broker adjusted its stance on Agnico Eagle Mines Limited on October 22, 2026, lowering its price target for the gold producer from $255.00 to $212.00 while keeping a Hold rating on the shares.

AEM Agnico Eagle Mines Limited

$186.25 ▲ +9.98% year to date

1M 3M YTD

Daily close · Oct 20, 2026

Freedom Broker's Call on Agnico Eagle Mines

In its research note published on October 22, 2026, Freedom Broker adjusted its outlook on Agnico Eagle Mines, moving its target down to $212.00 from $255.00 while keeping a Hold rating in place.

Other Institutional Activity in Agnico Eagle Mines

Other large funds have actively adjusted their holdings in the gold miner recently. Norden Group trimmed its stake by 7,830 shares to end with 5,858 shares valued at about $1,073,693.00. Montrusco Bolton Investments cut its position by 63,018 shares, leaving it with 83,567 shares worth roughly $15,339,011.00. Van Eck Associates Corporation reduced its holdings by 1,200,687 shares to finish with 20,012,872 shares valued at approximately $3,525,267,280.00. Royal Bank of Canada grew its stake by 452,426 shares, bringing its total to 15,483,185 shares worth about $2,727,362,943.00. Massachusetts Financial Services Co. added 55,775 shares to hold 11,922,732 shares valued at roughly $2,100,189,169.00.

Agnico Eagle Mines Limited Stock Down 5.4%

Agnico Eagle Mines closed at $176.15 on October 22, 2026, and recently traded around $179.39 as of October 22, 2026, putting the recent price up about 1.8% since that close. The shares trade below their 50-day moving average of $194.66 and below their 200-day moving average of $189.60. The stock sits 29.7% below its 52-week high of $255.24 and 33.5% above its 52-week low of $134.38. The mean price target across 14 analyst opinions stands at $218.68, leaving the recent price about 18.0% below the consensus expectation.

Recent Earnings

Agnico Eagle Mines posted trailing twelve-month revenue of $14.53 billion alongside earnings of $11.69 per share. The company reported a net profit margin of 40.4% and a return on equity of 23.0%. Its next earnings report is scheduled for October 28, 2026.

Dividend

The company pays an annual dividend rate of $1.80 per share, giving it a dividend yield of 0.95%.

Analysts Set New Price Targets

Wall Street firms have kept active coverage on the stock. On September 16, 2026, RBC Capital maintained a Sector Perform rating and raised its target from $210.00 to $225.00. UBS maintained a Neutral rating on October 8, 2026, and lifted its target from $170.00 to $190.00. Barclays maintained an Overweight rating on October 19, 2026, raising its target from $188.00 to $218.00. JP Morgan maintained a Neutral rating on October 21, 2026, and moved its target from $179.00 to $190.00. Across the broader analyst community, the stock holds a consensus Buy rating.

About Agnico Eagle Mines

Agnico Eagle Mines Limited is a Toronto-based gold mining company that explores, develops, and produces precious metals including gold, silver, copper, and zinc. Its operations span Canada, Australia, Finland, and Mexico, with ongoing exploration projects across multiple continents.

Bottom Line

Investors will look toward the company's upcoming earnings report on October 28, 2026, for further updates on operations and financial performance.