RBC and Jefferies Raise Price Targets on Alamos Gold (AGI)

Earlier, connected December 7, Jefferies besides raised its terms people connected Alamos Gold Inc. (NYSE:AGI) from $39 to $49 and kept its Buy rating. The probe steadfast believes golden mining companies are heading into 2026 with 1 of the strongest environments seen successful caller years. Jefferies expert Fahad Tariq said the steadfast remains affirmative connected golden stocks successful 2026 owed to “attractive valuations,” adjacent though it holds a neutral presumption connected gold. He noted that golden companies are expected to turn margins and make much escaped currency travel year-over-year successful 2026, with nary large outgo ostentation showing truthful far.

Tariq besides described the manufacture arsenic being “extremely healthy,” highlighting beardown equilibrium sheets, coagulated margins, and rising dividends and buybacks.

Looking up to 2026, Jefferies expects humble outgo pressures, imaginable adjustments successful reserve grades, and accrued merger and acquisition enactment arsenic currency levels grow. The steadfast sees Alamos Gold Inc. (NYSE:AGI) arsenic a catch-up opportunity, noting that the institution has “the highest prime portfolio among mid-cap golden miners.”

Alamos Gold Inc. (NYSE:AGI) is simply a Canadian intermediate gold-producing institution with operations successful North America.

While we admit the imaginable of AGI arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 14 Best Large Cap Stocks to Invest In Now and 14 Most Promising Fintech Stocks to Invest In.

Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.