Agnico Eagle Mines LimitedFair value estimate cut by 14% due to reduced revenue growth and margin expectations.
Simply Wall St has lowered its fair value estimate for Agnico Eagle Mines from $249.60 to $214.98, a decrease of about 14%. The revision reflects reduced revenue growth expectations from 5.48% to 0.45% and a slightly lower net profit margin from 42.62% to 41.89%, while the future P/E ratio remains broadly unchanged at 23.06x. Analyst views are mixed, with CIBC, BMO Capital, Scotiabank, and Barclays maintaining positive ratings, while UBS, BofA, and RBC Capital have cut price targets due to conservative commodity price assumptions and cost pressures. Jefferies upgraded the stock to Buy with a US$200 target, citing high-quality assets and a strong balance sheet.
Agnico Eagle Mines LimitedFair value estimate cut by 14% due to reduced revenue growth and margin expectations.