▲ +18.83% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Methanex in the last 3 months. The average price target is C$52.75, with a high forecast of C$62.50 and a low forecast of C$38.00. The average price target represents a 18.83% upside from the last price of C$44.39.
The current consensus among 6 investment analysts is to buy stock in Methanex. This rating has held steady since January 2021, when it changed from a Hold consensus rating.
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. The company was incorporated in 1968 and is headquartered in Vancouver, Canada.