Freedom Broker cuts target for Agnico Eagle Mines stock to USD 212
Published on 10/23/2026 at 10:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst pressure before results
- Freedom Broker cut its Agnico Eagle target from USD 255.00 to USD 212.00 on October 22, 2026.
- Second-quarter production reached 856,000 ounces, while revenue totaled USD 3.80 billion.
- Agnico Eagle Mines stock traded at EUR 155.38 at 10:16 a.m. CEST at Lang & Schwarz on October 23, 2026.
Agnico Eagle Mines (ISIN CA0084741085) was quoted at EUR 155.38 at Lang & Schwarz on October 23, 2026 at 10:16 a.m. CEST. The immediate catalyst is a Freedom Broker downgrade that cut its target from USD 255.00 to USD 212.00 on October 22, 2026.
Freedom Broker cuts its target
According to Markets Insider, analyst Vitaly Kononov lowered Agnico Eagle's rating from Buy to Hold and reduced the price target to USD 212.00 from USD 255.00. The firm cited the stock's valuation premium as a constraint on prospective returns.
The downgrade came before the company's scheduled third-quarter report. That timing makes the upcoming production and cost figures especially important for the valuation debate.
Three dated developments
On July 29, 2026, Agnico Eagle reported second-quarter revenue of USD 3.80 billion, adjusted earnings of USD 3.07 per share, and gold production of 856,000 ounces, according to Investing.com. On October 20, 2026, TradingView listed a TD Securities target cut from CAD 244.00 to CAD 242.00. On October 22, 2026, Freedom Broker made the larger USD 43.00 target reduction.
When do results arrive?
TradingView lists October 28, 2026 as the next report date and October 29, 2026 as the next earnings call. The second-quarter figures provide a high base for comparison, with USD 3.80 billion in revenue and 856,000 ounces of production.
Price remains the market marker
Agnico Eagle Mines had a market capitalization of USD 95.66 billion as of October 23, 2026, according to TradingView. Its business spans gold operations and projects across Canada, Mexico, and Finland, which keeps operating execution central to the next valuation test.
Agnico Eagle Mines was trading at EUR 155.38 at Lang & Schwarz on October 23, 2026 at 10:16 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Agnico Eagle Mines stock.
Agnico Eagle Mines stock facts
- Company: Agnico Eagle Mines Limited
- ISIN: CA0084741085
- Ticker: AEM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 10:16 a.m. CEST): EUR 155.38
- Market capitalization: USD 95.7 billion (as of October 23, 2026)
- Sector / Industry: Basic Materials / Gold
Market context: Market report S&P 500.
