Analysts Remain Bullish on Alamos Gold (AGI) After Turkish Assets Deal

Core Insights - Alamos Gold Inc. (NYSE:AGI) is recognized as one of the best gold stocks to buy according to hedge funds, with Jefferies raising its price target from $38 to $39 while maintaining a Buy rating following the announcement of the sale of its Turkish assets for $470 million [1][3] Financial Details - The payment structure for the Turkish asset sale includes $160 million at closing, expected in Q4 2025, followed by another $160 million one year after closing, and a final payment of $150 million two years after closing [2] - The total expected payment of $470 million significantly exceeds the consensus valuation of $273 million for the assets and is much higher than Jefferies' own valuation of $19 million [3] Analyst Sentiment - Following the asset sale announcement, BMO Capital raised its price target on Alamos Gold from C$48 to C$51, reflecting continued bullish sentiment among analysts [4] - As of October 10, the 12-month median price target set by analysts for Alamos Gold is $40.15, indicating a potential upside of 21.49% from current levels [4]