CIBC Boosts Agnico Eagle (AEM) Target on Strong Gold Price Forecast

1 day ago 4

Sheryar Siddiq

Fri, February 13, 2026 astatine 8:54 AM CST 1 min read

Agnico Eagle Mines Limited (NYSE:AEM) ranks among the best precocious maturation precocious borderline stocks to bargain now. On February 4, CIBC raised its terms people for Agnico Eagle Mines Limited (NYSE:AEM) to $296 from $231 portion maintaining an Outperform standing connected the company’s shares. The boost came arsenic the steadfast lifted its targets implicit the precious metals radical aft raising its golden terms projections to $6,000 per ounce successful 2026 and $6,500 successful 2027. According to the firm, akin request factors arsenic successful 2025 volition proceed to beryllium successful 2026, though determination is much geopolitical instability.

Meanwhile, connected January 29, JPMorgan began sum of Agnico Eagle Mines Limited (NYSE:AEM) with a Neutral standing and a $248 terms target, dubbing it the world’s 2nd largest golden mining company, with accumulation estimated to beryllium astir 3.4 cardinal ounces this year.

The steadfast cited management’s past of operational competence, calling Agnico Eagle Mines Limited (NYSE:AEM) a “reliable, low-risk conveyance to summation leverage to gold” that has a 95% correlation implicit a decade.

Agnico Eagle Mines Limited (NYSE:AEM), a planetary golden producer, operates mines crossed Canada, Australia, Finland, and Mexico.

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READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

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

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