Methanex

MEOHNASDAQ
$47.40
-1.65-3.36%
Last update: 3:20 PM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$69.00
Lowest Price Target1
$47.00
Consensus Price Target1
$57.62

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Methanex (NASDAQ:MEOH) Stock, Analyst Ratings, Price Targets, Forecasts

Methanex Corp has a consensus price target of $57.62 based on the ratings of 54 analysis. The 3 most-recent analyst ratings were released by RBC Capital, RBC Capital, and Scotiabank on June 28, 2024, June 3, 2024, and April 29, 2024, respectively. With an average price target of $56 between RBC Capital, RBC Capital, and Scotiabank, there's an implied 18.14% upside for Methanex Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jan
1
Feb
1
Mar
0
0
0
0
Apr
0
0
0
0
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Scotiabank
UBS
Piper Sandler
Barclays

1calculated from analyst ratings

Analyst Ratings for Methanex

Buy NowGet Alert
06/28/2024Buy Now16.03%RBC Capital
Nelson Ng
$55 → $55ReiteratesSector Perform → Sector PerformGet Alert
06/03/2024Buy Now16.03%RBC Capital
Nelson Ng
$50 → $55MaintainsSector PerformGet Alert
04/29/2024Buy Now22.36%Scotiabank
Ben Isaacson
$54 → $58MaintainsSector OutperformGet Alert
04/25/2024Buy Now30.8%UBS
Joshua Spector
$59 → $62MaintainsBuyGet Alert
04/03/2024Buy Now-5.06%RBC Capital
Nelson Ng
→ $45ReiteratesSector Perform → Sector PerformGet Alert
03/07/2024Buy Now5.49%Piper Sandler
Charles Neivert
$50 → $50MaintainsNeutralGet Alert
02/12/2024Buy Now18.14%Barclays
Michael Leithead
$53 → $56MaintainsOverweightGet Alert
02/08/2024Buy Now26.58%UBS
Joshua Spector
$51 → $60UpgradeNeutral → BuyGet Alert
01/11/2024Buy Now7.59%UBS
Joshua Spector
$48 → $51MaintainsNeutralGet Alert
12/14/2023Buy Now1.27%UBS
Joshua Spector
$45 → $48MaintainsNeutralGet Alert
12/01/2023Buy Now-5.06%RBC Capital
Nelson Ng
→ $45ReiteratesSector Perform → Sector PerformGet Alert
11/02/2023Buy Now-5.06%UBS
Joshua Spector
$40 → $45UpgradeSell → NeutralGet Alert
10/30/2023Buy Now-5.06%RBC Capital
Nelson Ng
→ $45ReiteratesSector Perform → Sector PerformGet Alert
10/30/2023Buy Now1.27%Barclays
Michael Leithead
$50 → $48MaintainsOverweightGet Alert
10/30/2023Buy Now13.92%Scotiabank
Ben Isaacson
$47 → $54UpgradeSector Perform → Sector OutperformGet Alert
10/02/2023Buy Now-5.06%RBC Capital
Nelson Ng
→ $45ReiteratesSector Perform → Sector PerformGet Alert
09/19/2023Buy Now26.58%Raymond James
Steve Hansen
$50 → $60UpgradeMarket Perform → OutperformGet Alert
09/05/2023Buy Now-5.06%RBC Capital
Nelson Ng
→ $45ReiteratesSector Perform → Sector PerformGet Alert
07/11/2023Buy Now5.49%Barclays
Michael Leithead
$56 → $50MaintainsOverweightGet Alert
06/29/2023Buy Now-5.06%RBC Capital
Nelson Ng
$50 → $45MaintainsSector PerformGet Alert
06/12/2023Buy NowScotiabank
Ben Isaacson
DowngradeSector Outperform → Sector PerformGet Alert
06/02/2023Buy Now5.49%RBC Capital
Nelson Ng
$55 → $50MaintainsSector PerformGet Alert
05/19/2023Buy Now16.03%RBC Capital
Nelson Ng
→ $55ReiteratesSector Perform → Sector PerformGet Alert
05/01/2023Buy Now18.14%Barclays
Michael Leithead
$60 → $56MaintainsOverweightGet Alert
04/12/2023Buy Now3.38%Piper Sandler
Charles Neivert
$46 → $49UpgradeUnderweight → NeutralGet Alert
04/03/2023Buy Now16.03%RBC Capital
Nelson Ng
→ $55Reiterates → Sector PerformGet Alert
03/13/2023Buy Now26.58%Alembic Global
Hassan Ahmed
→ $60UpgradeNeutral → OverweightGet Alert
03/01/2023Buy Now20.25%RBC Capital
Greg Pardy
$58 → $57MaintainsSector PerformGet Alert
02/09/2023Buy Now26.58%Barclays
Michael Leithead
$48 → $60MaintainsOverweightGet Alert
02/06/2023Buy Now26.58%Tudor Pickering
Matthew Blair
→ $60UpgradeHold → BuyGet Alert
02/06/2023Buy Now5.49%RBC Capital
John Nelson
$45 → $50MaintainsSector PerformGet Alert
02/06/2023Buy Now37.13%BMO Capital
Joel Jackson
$60 → $65MaintainsOutperformGet Alert
12/19/2022Buy Now-0.84%Jefferies
Laurence Alexander
$56 → $47MaintainsBuyGet Alert
11/30/2022Buy Now-5.06%RBC Capital
Nelson Ng
$50 → $45DowngradeOutperform → Sector PerformGet Alert
10/10/2022Buy Now-19.83%Piper Sandler
Charles Neivert
$40 → $38MaintainsUnderweightGet Alert
10/04/2022Buy Now5.49%RBC Capital
Nelson Ng
$55 → $50MaintainsOutperformGet Alert
09/26/2022Buy NowScotiabank
Ben Isaacson
UpgradeSector Perform → Sector OutperformGet Alert
07/29/2022Buy Now-15.61%Piper Sandler
Charles Neivert
$48 → $40MaintainsUnderweightGet Alert
07/28/2022Buy Now-28.27%UBS
Joshua Spector
$36 → $34MaintainsSellGet Alert
07/26/2022Buy Now26.58%BMO Capital
Joel Jackson
$65 → $60MaintainsOutperformGet Alert
07/13/2022Buy Now-24.05%UBS
Joshua Spector
$44 → $36MaintainsSellGet Alert
07/11/2022Buy Now26.58%Barclays
Michael Leithead
$63 → $60MaintainsOverweightGet Alert
06/30/2022Buy Now26.58%RBC Capital
Nelson Ng
$65 → $60MaintainsOutperformGet Alert
06/16/2022Buy Now54.01%Jefferies
Laurence Alexander
$67 → $73MaintainsBuyGet Alert
05/10/2022Buy Now1.27%Piper Sandler
Charles Neivert
$49 → $48DowngradeNeutral → UnderweightGet Alert
05/02/2022Buy Now32.91%Barclays
Michael Leithead
$60 → $63MaintainsOverweightGet Alert
04/01/2022Buy Now37.13%RBC Capital
Nelson Ng
$60 → $65MaintainsOutperformGet Alert
03/28/2022Buy Now45.57%TD Securities
Cherilyn Radbourne
$59 → $69MaintainsBuyGet Alert
01/04/2022Buy Now-26.16%UBS
Joshua Spector
$30 → $35MaintainsSellGet Alert
12/29/2021Buy NowRaymond James
Steve Hansen
DowngradeOutperform → Market PerformGet Alert
09/30/2021Buy Now26.58%RBC Capital
Nelson Ng
MaintainsOutperformGet Alert
09/20/2021Buy Now5.49%Scotiabank
Ben Isaacson
UpgradeSector Perform → Sector OutperformGet Alert
09/14/2021Buy Now-7.17%Piper Sandler
Charles Neivert
Initiates → NeutralGet Alert
09/07/2021Buy Now11.81%Barclays
Michael Leithead
UpgradeEqual-Weight → OverweightGet Alert

FAQ

Q

What is the target price for Methanex (MEOH) stock?

A

The latest price target for Methanex (NASDAQ:MEOH) was reported by RBC Capital on June 28, 2024. The analyst firm set a price target for $55.00 expecting MEOH to rise to within 12 months (a possible 16.03% upside). 19 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Methanex (MEOH)?

A

The latest analyst rating for Methanex (NASDAQ:MEOH) was provided by RBC Capital, and Methanex reiterated their sector perform rating.

Q

When was the last upgrade for Methanex (MEOH)?

A

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.

Q

When was the last downgrade for Methanex (MEOH)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Methanex (MEOH)?

A

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 June 28, 2024 so you should expect the next rating to be made available sometime around June 28, 2025.

Q

Is the Analyst Rating Methanex (MEOH) correct?

A

While ratings are subjective and will change, the latest Methanex (MEOH) rating was a reiterated with a price target of $55.00 to $55.00. The current price Methanex (MEOH) is trading at is $47.40, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.