B of A Securities Rates Alamos Gold (AGI) buy, $50 Price Target

B of A Securities has reiterated its buy rating on Alamos Gold Inc. (NYSE: AGI), setting a price target of $50. This reaffirmation came on June 22, 2026, as shares traded near $36.34 on Monday.

What Changed in B of A Securities's Alamos Gold Position

B of A Securities maintained its buy rating on Alamos Gold Inc. with a target price of $50, suggesting confidence in the company's future performance. This reiteration does not alter their previous assessment but reinforces their positive outlook.

Other Institutional Activity in Alamos Gold

Vanguard Capital Management LLC opened a new position in Alamos Gold, acquiring 11,509,371 shares valued at approximately $512.05 million. In contrast, Franklin Resources Inc. significantly increased its holdings by 3,885,043 shares, resulting in a 119% boost, bringing its total to 7,149,477 shares worth around $317.73 million. Meanwhile, Van Eck Associates Corp reduced its position by 3,553,737 shares, a decrease of 8.7%, ending with 37,223,301 shares valued at about $1.65 billion.

Alamos Gold Inc. Stock Down 13.9%

Shares of NYSE:AGI traded near $36.34 on Monday. Alamos Gold Inc. boasts a market cap of about $15.26 billion, with a P/E ratio of 14.48 and a forward P/E of 10.40. The company's beta is 1.27, indicating slightly higher volatility than the market. The stock's 52-week range has seen lows of $23.92 and highs of $55.41. It has a 50-day moving average of $41.24 and a 200-day moving average of $39.35. Alamos Gold maintains a solid financial footing with a current ratio of 2.01 and a quick ratio of 1.28, alongside a low debt-to-equity ratio of 4.77.

Recent Earnings

In its latest fiscal period, Alamos Gold reported revenues of approximately $2.07 billion, reflecting a growth rate of 79.2%. The company achieved a net margin of 51.24% and a return on equity of 25.88%. Earnings per share stood at $2.51. Investors can look forward to the next earnings report on July 29, 2026.

Dividend

Alamos Gold Inc. offers an annual dividend rate of $0.16, yielding 0.44% with a payout ratio of 4.58%. This suggests the company is retaining the majority of its earnings for reinvestment or other purposes.

Analysts Set New Price Targets

On June 22, 2026, B of A Securities maintained its buy rating on Alamos Gold Inc., with a price target of $50. Scotiabank also maintained its buy rating earlier this year, setting a target of $60 on February 6, 2026. The consensus among analysts is a strong buy, with an average target price of $54.75 based on four analyst opinions.

About Alamos Gold Inc.

Alamos Gold Inc. is a gold producer operating in Canada and Mexico, primarily focused on exploring and mining gold deposits. Founded in 2003, the company is headquartered in Toronto, Canada, and led by CEO John A. McCluskey. It employs approximately 2,400 people.

Bottom Line

B of A Securities' reiteration of its buy rating on Alamos Gold Inc. underscores its confidence in the company's prospects. Investors often keep an eye on such analyst ratings for insights into potential stock performance. As always, remember that these ratings reflect past and current assessments and may not indicate future performance.