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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/28/2024 | Buy Now | 16.03% | RBC Capital | Nelson Ng | $55 → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
06/03/2024 | Buy Now | 16.03% | RBC Capital | Nelson Ng | $50 → $55 | Maintains | Sector Perform | Get Alert |
04/29/2024 | Buy Now | 22.36% | Scotiabank | Ben Isaacson | $54 → $58 | Maintains | Sector Outperform | Get Alert |
04/25/2024 | Buy Now | 30.8% | UBS | Joshua Spector | $59 → $62 | Maintains | Buy | Get Alert |
04/03/2024 | Buy Now | -5.06% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
03/07/2024 | Buy Now | 5.49% | Piper Sandler | Charles Neivert | $50 → $50 | Maintains | Neutral | Get Alert |
02/12/2024 | Buy Now | 18.14% | Barclays | Michael Leithead | $53 → $56 | Maintains | Overweight | Get Alert |
02/08/2024 | Buy Now | 26.58% | UBS | Joshua Spector | $51 → $60 | Upgrade | Neutral → Buy | Get Alert |
01/11/2024 | Buy Now | 7.59% | UBS | Joshua Spector | $48 → $51 | Maintains | Neutral | Get Alert |
12/14/2023 | Buy Now | 1.27% | UBS | Joshua Spector | $45 → $48 | Maintains | Neutral | Get Alert |
12/01/2023 | Buy Now | -5.06% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
11/02/2023 | Buy Now | -5.06% | UBS | Joshua Spector | $40 → $45 | Upgrade | Sell → Neutral | Get Alert |
10/30/2023 | Buy Now | -5.06% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
10/30/2023 | Buy Now | 1.27% | Barclays | Michael Leithead | $50 → $48 | Maintains | Overweight | Get Alert |
10/30/2023 | Buy Now | 13.92% | Scotiabank | Ben Isaacson | $47 → $54 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
10/02/2023 | Buy Now | -5.06% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
09/19/2023 | Buy Now | 26.58% | Raymond James | Steve Hansen | $50 → $60 | Upgrade | Market Perform → Outperform | Get Alert |
09/05/2023 | Buy Now | -5.06% | RBC Capital | Nelson Ng | → $45 | Reiterates | Sector Perform → Sector Perform | Get Alert |
07/11/2023 | Buy Now | 5.49% | Barclays | Michael Leithead | $56 → $50 | Maintains | Overweight | Get Alert |
06/29/2023 | Buy Now | -5.06% | 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 | 5.49% | RBC Capital | Nelson Ng | $55 → $50 | Maintains | Sector Perform | Get Alert |
05/19/2023 | Buy Now | 16.03% | RBC Capital | Nelson Ng | → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
05/01/2023 | Buy Now | 18.14% | Barclays | Michael Leithead | $60 → $56 | Maintains | Overweight | Get Alert |
04/12/2023 | Buy Now | 3.38% | Piper Sandler | Charles Neivert | $46 → $49 | Upgrade | Underweight → Neutral | Get Alert |
04/03/2023 | Buy Now | 16.03% | RBC Capital | Nelson Ng | → $55 | Reiterates | → Sector Perform | Get Alert |
03/13/2023 | Buy Now | 26.58% | Alembic Global | Hassan Ahmed | → $60 | Upgrade | Neutral → Overweight | Get Alert |
03/01/2023 | Buy Now | 20.25% | RBC Capital | Greg Pardy | $58 → $57 | Maintains | Sector Perform | Get Alert |
02/09/2023 | Buy Now | 26.58% | Barclays | Michael Leithead | $48 → $60 | Maintains | Overweight | Get Alert |
02/06/2023 | Buy Now | 26.58% | Tudor Pickering | Matthew Blair | → $60 | Upgrade | Hold → Buy | Get Alert |
02/06/2023 | Buy Now | 5.49% | RBC Capital | John Nelson | $45 → $50 | Maintains | Sector Perform | Get Alert |
02/06/2023 | Buy Now | 37.13% | BMO Capital | Joel Jackson | $60 → $65 | Maintains | Outperform | Get Alert |
12/19/2022 | Buy Now | -0.84% | Jefferies | Laurence Alexander | $56 → $47 | Maintains | Buy | Get Alert |
11/30/2022 | Buy Now | -5.06% | RBC Capital | Nelson Ng | $50 → $45 | Downgrade | Outperform → Sector Perform | Get Alert |
10/10/2022 | Buy Now | -19.83% | Piper Sandler | Charles Neivert | $40 → $38 | Maintains | Underweight | Get Alert |
10/04/2022 | Buy Now | 5.49% | RBC Capital | Nelson Ng | $55 → $50 | Maintains | Outperform | Get Alert |
09/26/2022 | Buy Now | — | Scotiabank | Ben Isaacson | — | Upgrade | Sector Perform → Sector Outperform | Get Alert |
07/29/2022 | Buy Now | -15.61% | Piper Sandler | Charles Neivert | $48 → $40 | Maintains | Underweight | Get Alert |
07/28/2022 | Buy Now | -28.27% | UBS | Joshua Spector | $36 → $34 | Maintains | Sell | Get Alert |
07/26/2022 | Buy Now | 26.58% | BMO Capital | Joel Jackson | $65 → $60 | Maintains | Outperform | Get Alert |
07/13/2022 | Buy Now | -24.05% | UBS | Joshua Spector | $44 → $36 | Maintains | Sell | Get Alert |
07/11/2022 | Buy Now | 26.58% | Barclays | Michael Leithead | $63 → $60 | Maintains | Overweight | Get Alert |
06/30/2022 | Buy Now | 26.58% | RBC Capital | Nelson Ng | $65 → $60 | Maintains | Outperform | Get Alert |
06/16/2022 | Buy Now | 54.01% | Jefferies | Laurence Alexander | $67 → $73 | Maintains | Buy | Get Alert |
05/10/2022 | Buy Now | 1.27% | Piper Sandler | Charles Neivert | $49 → $48 | Downgrade | Neutral → Underweight | Get Alert |
05/02/2022 | Buy Now | 32.91% | Barclays | Michael Leithead | $60 → $63 | Maintains | Overweight | Get Alert |
04/01/2022 | Buy Now | 37.13% | RBC Capital | Nelson Ng | $60 → $65 | Maintains | Outperform | Get Alert |
03/28/2022 | Buy Now | 45.57% | TD Securities | Cherilyn Radbourne | $59 → $69 | Maintains | Buy | Get Alert |
01/04/2022 | Buy Now | -26.16% | UBS | Joshua Spector | $30 → $35 | Maintains | Sell | Get Alert |
12/29/2021 | Buy Now | — | Raymond James | Steve Hansen | — | Downgrade | Outperform → Market Perform | Get Alert |
09/30/2021 | Buy Now | 26.58% | RBC Capital | Nelson Ng | — | Maintains | Outperform | Get Alert |
09/20/2021 | Buy Now | 5.49% | Scotiabank | Ben Isaacson | — | Upgrade | Sector Perform → Sector Outperform | Get Alert |
09/14/2021 | Buy Now | -7.17% | Piper Sandler | Charles Neivert | — | Initiates | → Neutral | Get Alert |
09/07/2021 | Buy Now | 11.81% | Barclays | Michael Leithead | — | Upgrade | Equal-Weight → Overweight | Get Alert |
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.
The latest analyst rating for Methanex (NASDAQ:MEOH) was provided by RBC Capital, and Methanex reiterated their sector perform rating.
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.
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.
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.
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.
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