$53.58
0.88[1.67%]
At close: May 16
$53.58
0[0.00%]
After Hours: 4:00PM EDT
Methanex
(NASDAQ:MEOH)Methanex Stock (NASDAQ:MEOH), Analyst Ratings, Price Targets, Predictions
Methanex Corp has a consensus price target of $56.85, established from looking at the 53 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, UBS, and RBC Capital on April 29, 2024, April 25, 2024, and April 3, 2024. With an average price target of $55 between Scotiabank, UBS, and RBC Capital, there's an implied 2.65% upside for Methanex Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Scotiabank
UBS
RBC Capital
Piper Sandler
Barclays
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Methanex
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/29/2024 | Buy Now | 8.25% | Scotiabank | Ben Isaacson | $54 → $58 | Maintains | Sector Outperform | Get Alert |
| 04/25/2024 | Buy Now | 15.71% | UBS | Joshua Spector | $59 → $62 | Maintains | Buy | Get Alert |
| 04/03/2024 | Buy Now | -16.01% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 03/07/2024 | Buy Now | -6.68% | Piper Sandler | Charles Neivert | $50 → $50 | Maintains | Neutral | Get Alert |
| 02/12/2024 | Buy Now | 4.52% | Barclays | Michael Leithead | $53 → $56 | Maintains | Overweight | Get Alert |
| 02/08/2024 | Buy Now | 11.98% | UBS | Joshua Spector | $51 → $60 | Upgrade | Neutral → Buy | Get Alert |
| 01/11/2024 | Buy Now | -4.82% | UBS | Joshua Spector | $48 → $51 | Maintains | Neutral | Get Alert |
| 12/14/2023 | Buy Now | -10.41% | UBS | Joshua Spector | $45 → $48 | Maintains | Neutral | Get Alert |
| 12/01/2023 | Buy Now | -16.01% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 11/02/2023 | Buy Now | -16.01% | UBS | Joshua Spector | $40 → $45 | Upgrade | Sell → Neutral | Get Alert |
| 10/30/2023 | Buy Now | -16.01% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 10/30/2023 | Buy Now | -10.41% | Barclays | Michael Leithead | $50 → $48 | Maintains | Overweight | Get Alert |
| 10/30/2023 | Buy Now | 0.78% | Scotiabank | Ben Isaacson | $47 → $54 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 10/02/2023 | Buy Now | -16.01% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 09/19/2023 | Buy Now | 11.98% | Raymond James | Steve Hansen | $50 → $60 | Upgrade | Market Perform → Outperform | Get Alert |
| 09/05/2023 | Buy Now | -16.01% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 07/11/2023 | Buy Now | -6.68% | Barclays | Michael Leithead | $56 → $50 | Maintains | Overweight | Get Alert |
| 06/29/2023 | Buy Now | -16.01% | RBC Capital | Nelson Ng | $50 → $45 | Maintains | Sector Perform | Get Alert |
| 06/12/2023 | Buy Now | — | Scotiabank | Ben Isaacson | — | Downgrade | Sector Outperform → Sector Perform | Get Alert |
| 06/02/2023 | Buy Now | -6.68% | RBC Capital | Nelson Ng | $55 → $50 | Maintains | Sector Perform | Get Alert |
| 05/19/2023 | Buy Now | 2.65% | RBC Capital | Nelson Ng | → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 05/01/2023 | Buy Now | 4.52% | Barclays | Michael Leithead | $60 → $56 | Maintains | Overweight | Get Alert |
| 04/12/2023 | Buy Now | -8.55% | Piper Sandler | Charles Neivert | $46 → $49 | Upgrade | Underweight → Neutral | Get Alert |
| 04/03/2023 | Buy Now | 2.65% | RBC Capital | Nelson Ng | → $55 | Reiterates | → Sector Perform | Get Alert |
| 03/13/2023 | Buy Now | 11.98% | Alembic Global | Hassan Ahmed | → $60 | Upgrade | Neutral → Overweight | Get Alert |
| 03/01/2023 | Buy Now | 6.38% | RBC Capital | Greg Pardy | $58 → $57 | Maintains | Sector Perform | Get Alert |
| 02/09/2023 | Buy Now | 11.98% | Barclays | Michael Leithead | $48 → $60 | Maintains | Overweight | Get Alert |
| 02/06/2023 | Buy Now | 11.98% | Tudor Pickering | Matthew Blair | → $60 | Upgrade | Hold → Buy | Get Alert |
| 02/06/2023 | Buy Now | -6.68% | RBC Capital | John Nelson | $45 → $50 | Maintains | Sector Perform | Get Alert |
| 02/06/2023 | Buy Now | 21.31% | BMO Capital | Joel Jackson | $60 → $65 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Methanex (MEOH)?
The latest price target for Methanex (NASDAQ: MEOH) was reported by Scotiabank on April 29, 2024. The analyst firm set a price target for $58.00 expecting MEOH to rise to within 12 months (a possible 8.25% upside). 21 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Methanex (MEOH)?
The latest analyst rating for Methanex (NASDAQ: MEOH) was provided by Scotiabank, and Methanex maintained their sector outperform rating.
When was the last upgrade for Methanex (MEOH)?
The last upgrade for Methanex Corp happened on February 8, 2024 when UBS raised their price target to $60. UBS previously had a neutral for Methanex Corp.
When was the last downgrade for Methanex (MEOH)?
The last downgrade for Methanex Corp happened on June 12, 2023 when Scotiabank changed their price target from N/A to N/A for Methanex Corp.
When is the next analyst rating going to be posted or updated for Methanex (MEOH)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Methanex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Methanex was filed on April 29, 2024 so you should expect the next rating to be made available sometime around April 29, 2025.
Is the Analyst Rating Methanex (MEOH) correct?
While ratings are subjective and will change, the latest Methanex (MEOH) rating was a maintained with a price target of $54.00 to $58.00. The current price Methanex (MEOH) is trading at is $53.58, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.