Weekly Investment Analysts’ Ratings Changes for Methanex (MX)

Several brokerages have updated their recommendations and price targets on shares of Methanex (TSE: MX) in the last few weeks:

  • 2/7/2017 – Methanex had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a C$48.00 price target on the stock.
  • 1/31/2017 – Methanex had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a C$48.00 price target on the stock.
  • 1/27/2017 – Methanex had its price target raised by analysts at TD Securities from C$47.00 to C$50.00. They now have a “hold” rating on the stock.
  • 1/26/2017 – Methanex had its “sector perform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a C$68.00 price target on the stock.
  • 1/24/2017 – Methanex had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a C$47.00 price target on the stock.
  • 1/20/2017 – Methanex had its “sector perform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a C$56.00 price target on the stock.
  • 1/17/2017 – Methanex had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a C$47.00 price target on the stock.
  • 1/11/2017 – Methanex had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a C$47.00 price target on the stock.
  • 1/4/2017 – Methanex was given a new C$47.00 price target on by analysts at Scotiabank. They now have a “sector perform” rating on the stock.
  • 1/3/2017 – Methanex was downgraded by analysts at Raymond James Financial, Inc. from an “outperform” rating to a “market perform” rating. They now have a C$48.00 price target on the stock.
  • 1/3/2017 – Methanex was given a new C$53.00 price target on by analysts at BMO Capital Markets. They now have an “outperform” rating on the stock.
  • 12/21/2016 – Methanex had its price target raised by analysts at TD Securities from C$40.00 to C$47.00. They now have a “hold” rating on the stock.
  • 12/20/2016 – Methanex had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a C$47.00 price target on the stock.

Shares of Methanex Co. (TSE:MX) traded up 0.42% on Tuesday, hitting $64.58. 265,886 shares of the company traded hands. The company’s market capitalization is $5.80 billion. Methanex Co. has a 12 month low of $34.77 and a 12 month high of $67.57. The stock’s 50-day moving average price is $62.36 and its 200-day moving average price is $50.40.

Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers.

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