Piper Sandler upgrades Methanex to Neutral

  • Investing.com
Piper Sandler upgrades Methanex to Neutral

A Piper Sandler analyst upgraded Methanex (NASDAQ: MEOH) from Underweight to Neutral with a price target of $49.00 from a prior price target of $46.00.

Prior to this rating, Methanex had 6 buy ratings, 4 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Methanex, click here. For more news on Methanex, click here.

Methanex's stock price closed at $44.97. They are down -4.36% in the last month and down -17.43% in the last 12 months.

According to Investing Pro, Methanex's fair value is $62.25, an upside of 39.57%. Methanex's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Methanex's recent earnings performance and financials here.

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