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Methanex

MEOHNASDAQ
Logo brought to you by Benzinga Data
$48.43
1.122.37%
At close: -
$47.31
-1.12-2.31%
After Hours: Dec 23, 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$71.00
Lowest Price Target1
$46.00
Consensus Price Target1
$57.57

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

Methanex Corp has a consensus price target of $57.57 based on the ratings of 14 analysts. The high is $71 issued by Piper Sandler on November 19, 2024. The low is $46 issued by Barclays on November 11, 2024. The 3 most-recent analyst ratings were released by CIBC, Piper Sandler, and Barclays on December 10, 2024, November 19, 2024, and November 11, 2024, respectively. With an average price target of $58.67 between CIBC, Piper Sandler, and Barclays, there's an implied 24.00% upside for Methanex Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
3
1
Sep
2
1
Nov
0
0
0
0
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.5
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

CIBC
Piper Sandler
Barclays
UBS
Raymond James

1calculated from analyst ratings

Analyst Ratings for Methanex

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FAQ

Q

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

A

The latest price target for Methanex (NASDAQ:MEOH) was reported by CIBC on December 10, 2024. The analyst firm set a price target for $59.00 expecting MEOH to rise to within 12 months (a possible 24.71% upside). 23 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 CIBC, and Methanex their outperformer 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 September 10, 2024 when Barclays changed their price target from $56 to $44 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 December 10, 2024 so you should expect the next rating to be made available sometime around December 10, 2025.

Q

Is the Analyst Rating Methanex (MEOH) correct?

A

While ratings are subjective and will change, the latest Methanex (MEOH) rating was a with a price target of $48.00 to $59.00. The current price Methanex (MEOH) is trading at is $47.31, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.