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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.
1calculated from analyst ratings
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.
The latest analyst rating for Methanex (NASDAQ:MEOH) was provided by CIBC, and Methanex their outperformer 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 September 10, 2024 when Barclays changed their price target from $56 to $44 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 December 10, 2024 so you should expect the next rating to be made available sometime around December 10, 2025.
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.
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