Methanex Corporation (NASDAQ:MEOH) Logo

Methanex Corporation (NASDAQ:MEOH) Ratings Coverage

Among 6 analysts covering Methanex Corp (NASDAQ:MEOH), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. Methanex Corp has $53 highest and $2600 lowest target. $40.67’s average target is 14.43% above currents $35.54 stock price. Methanex Corp had 10 analyst reports since June 24, 2019 according to SRatingsIntel. Citigroup maintained Methanex Corporation (NASDAQ:MEOH) rating on Tuesday, August 6. Citigroup has “Neutral” rating and $3500 target. As per Friday, November 1, the company rating was maintained by TD Securities. Cowen & Co maintained it with “Hold” rating and $38 target in Tuesday, October 22 report. The firm has “Sell” rating given on Thursday, August 29 by UBS. The rating was maintained by Citigroup on Friday, November 1 with “Hold”. The rating was maintained by Barclays Capital with “Hold” on Monday, June 24. IBC downgraded it to “Neutral” rating and $5300 target in Thursday, July 11 report. Barclays Capital maintained the shares of MEOH in report on Monday, September 9 with “Equal-Weight” rating. The firm has “Hold” rating by TD Securities given on Tuesday, November 19. TD Securities maintained it with “Buy” rating and $48 target in Wednesday, October 9 report. Below is a list of Methanex Corporation (NASDAQ:MEOH) latest ratings and price target changes.

19/11/2019 Broker: TD Securities Old Rating: Buy New Rating: Hold New Target: $47.0000 Downgrade
01/11/2019 Broker: Citigroup Rating: Hold New Target: $41 Maintain
01/11/2019 Broker: TD Securities Rating: Buy Old Target: $48.0000 New Target: $47.0000 Maintain
22/10/2019 Broker: Cowen & Co Rating: Hold New Target: $38 Maintain
09/10/2019 Broker: TD Securities Rating: Buy New Target: $48 Maintain
09/09/2019 Broker: Barclays Capital Rating: Equal-Weight Old Target: $53.0000 New Target: $39.0000 Maintain
29/08/2019 Broker: UBS Rating: Sell Old Target: $35.0000 New Target: $26.0000 Maintain
06/08/2019 Broker: Citigroup Rating: Neutral Old Target: $49.0000 New Target: $35.0000 Maintain
11/07/2019 Broker: IBC Old Rating: Outperformer New Rating: Neutral Old Target: $70.0000 New Target: $53.0000 Downgrade
24/06/2019 Broker: Barclays Capital Rating: Hold New Target: $53 Maintain

The stock increased 2.39% or $0.83 during the last trading session, reaching $35.54. About 180,329 shares traded. Methanex Corporation (NASDAQ:MEOH) has declined 41.94% since December 6, 2018 and is downtrending. It has underperformed by 41.94% the S&P500.

Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company has market cap of $2.71 billion. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. It has a 12.51 P/E ratio.

More notable recent Methanex Corporation (NASDAQ:MEOH) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For November 19, 2019 – Benzinga” on November 19, 2019, also Seekingalpha.com with their article: “Methanex: A Great Cyclical Buying Opportunity At 7.7x P/E – Seeking Alpha” published on September 30, 2019, Globenewswire.com published: “Methanex Reports First Quarter 2019 Results and Increases Dividend by 9% – GlobeNewswire” on April 24, 2019. More interesting news about Methanex Corporation (NASDAQ:MEOH) were released by: Nasdaq.com and their article: “Validea Peter Lynch Strategy Daily Upgrade Report – 12/4/2019 – Nasdaq” published on December 04, 2019 as well as Nasdaq.com‘s news article titled: “BUZZ-U.S. STOCKS ON THE MOVE-Retail stocks, CRISPR Therapeutics, Slack Technologies – Nasdaq” with publication date: November 19, 2019.

Methanex Corporation (NASDAQ:MEOH) Ratings Chart

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