Agnico Eagle Stock Target Price and Analyst Consensus

AEM Stock  USD 59.65  1.80  3.11%   
The current analyst and expert consensus on Agnico Eagle is Strong Buy with 8 buy recommendations. The current projected Agnico Eagle target price consensus is 66.79, with 20 analyst opinions. The most common way Agnico Eagle Mines analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Agnico Eagle executives, vendors, and/or customers. Agnico Eagle buy-or-sell recommendation module provides average expert sentiment on the projected Agnico Eagle Mines target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Agnico Eagle to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
60.78
Highest Forecast
74.14
Target Price
66.79
As of the 28th of March 2024, Gross Profit is likely to grow to about 2.1 B. Also, Pretax Profit Margin is likely to grow to 0.37. At this time, Agnico Eagle's Retained Earnings are very stable compared to the past year. As of the 28th of March 2024, Non Current Assets Total is likely to grow to about 27.7 B, while Accounts Payable is likely to drop about 165.9 M.
  
It's important to approach Agnico Eagle's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Agnico Eagle Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Agnico target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Agnico Eagle's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   20  Strong Buy
Most Agnico analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Agnico stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Agnico Eagle Mines, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Agnico Eagle Target Price Projection

Agnico Eagle's current and average target prices are 59.65 and 66.79, respectively. The current price of Agnico Eagle is the price at which Agnico Eagle Mines is currently trading. On the other hand, Agnico Eagle's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Agnico Eagle Market Quote on 28th of March 2024

Low Price58.18Odds
High Price59.77Odds

59.65

Target Price

Analyst Consensus On Agnico Eagle Target Price

Low Estimate60.78Odds
High Estimate74.14Odds

66.79

Historical Lowest Forecast  60.78 Target Price  66.79 Highest Forecast  74.14
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Agnico Eagle Mines and the information provided on this page.

Agnico Eagle Analyst Ratings

Agnico Eagle's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Agnico Eagle stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Agnico Eagle's financials, market performance, and future outlook by experienced professionals. Agnico Eagle's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Agnico Eagle price targets

Agnico Eagle's stock target price is an estimate of its future price, usually made by analysts. Using Agnico Eagle's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Agnico Eagle's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Agnico Eagle's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Agnico Eagle Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Agnico Eagle is a key component of Agnico Eagle valuation and have some predictive power on the future returns of a Agnico Eagle.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Agnico Eagle's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
56.0858.0059.92
Details
Intrinsic
Valuation
LowRealHigh
54.4056.3258.24
Details
Naive
Forecast
LowNextHigh
53.1955.1157.02
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.460.530.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Agnico Eagle. Your research has to be compared to or analyzed against Agnico Eagle's peers to derive any actionable benefits. When done correctly, Agnico Eagle's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Agnico Eagle Mines.

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When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:
Check out Macroaxis Advice on Agnico Eagle to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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The data published in Agnico Eagle's official financial statements usually reflect Agnico Eagle's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Agnico Eagle Mines. For example, before you start analyzing numbers published by Agnico accountants, it's critical to develop an understanding of what Agnico Eagle's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Agnico Eagle's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Agnico Eagle's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Agnico Eagle's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Agnico Eagle Mines. Please utilize our Beneish M Score to check the likelihood of Agnico Eagle's management manipulating its earnings.