Analyst Price Target is C$46.50
▼ -13.25% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Methanex in the last 3 months. The average price target is C$46.50, with a high forecast of C$53.00 and a low forecast of C$40.00. The average price target represents a -13.25% upside from the last price of C$53.60.
Current Consensus is
Buy
The current consensus among 3 investment analysts is to buy stock in Methanex. This rating changed within the last month from a Strong Buy consensus rating.
Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.
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