Scotiabank downgrades Methanex to 'sector perform' with a price target of $47.00

  • Investing.com
Scotiabank downgrades Methanex to 'sector perform' with a price target of $47.00

An analyst from Scotiabank downgraded Methanex (NASDAQ: MEOH ) from 'sector outperform' to 'sector perform' with a price target of $47.00 from a prior price target of $60.00.

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 $43.43. They are up 2.43% in the last month and down -2.07% in the last 12 months.

According to Investing Pro, Methanex's fair value is $58.66, an upside of 35.06%. 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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