• Consensus Rating: Moderate Buy
  • Consensus Price Target: $55.38
  • Forecasted Upside: 39.34%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$39.74
▲ +0.37 (0.94%)

This chart shows the closing price for MEOH by one month, three months, or twelve months.

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Analyst Price Target for MEOH

Analyst Price Target is $55.38
▲ +39.34% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Methanex in the last 3 months. The average price target is $55.38, with a high forecast of $68.00 and a low forecast of $44.00. The average price target represents a 39.34% upside from the last price of $39.74.

This chart shows the closing price for MEOH for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 8 investment analysts is to moderate buy stock in Methanex. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/8/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/6/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/4/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/2/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/2/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/31/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/29/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/29/2024

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/16/2024UBS GroupLower TargetBuy ➝ Buy$58.00 ➝ $54.00
9/11/2024Raymond JamesLower TargetOutperform ➝ Outperform$62.00 ➝ $54.00
9/10/2024Piper SandlerBoost TargetOverweight ➝ Overweight$51.00 ➝ $68.00
9/10/2024BarclaysDowngradeOverweight ➝ Equal Weight$56.00 ➝ $44.00
9/3/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$55.00 ➝ $55.00
8/21/2024UBS GroupLower TargetBuy ➝ Buy$62.00 ➝ $58.00
8/7/2024Piper SandlerUpgradeNeutral ➝ Overweight$50.00 ➝ $51.00
8/1/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$55.00 ➝ $55.00
7/31/2024UBS GroupLower TargetBuy ➝ Buy$64.00 ➝ $62.00
7/10/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$58.00 ➝ $60.00
7/9/2024UBS GroupBoost TargetBuy ➝ Buy$62.00 ➝ $64.00
6/28/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$55.00 ➝ $55.00
6/10/2024Jefferies Financial GroupBoost TargetBuy$56.00 ➝ $60.00
6/3/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$50.00 ➝ $55.00
4/29/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$54.00 ➝ $58.00
4/26/2024Royal Bank of CanadaBoost TargetSector Perform$45.00 ➝ $50.00
4/25/2024UBS GroupBoost TargetBuy ➝ Buy$59.00 ➝ $62.00
4/3/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$45.00
3/7/2024Piper SandlerReiterated RatingNeutral ➝ Neutral$50.00
2/21/2024Raymond JamesLower TargetOutperform$67.00 ➝ $62.00
2/12/2024BarclaysBoost TargetOverweight ➝ Overweight$53.00 ➝ $56.00
2/8/2024UBS GroupUpgradeNeutral ➝ Buy$51.00 ➝ $60.00
2/5/2024Piper SandlerBoost TargetNeutral$49.00 ➝ $50.00
2/2/2024Raymond JamesBoost TargetOutperform$60.00 ➝ $67.00
1/11/2024UBS GroupBoost TargetNeutral ➝ Neutral$48.00 ➝ $51.00
1/10/2024CIBCBoost TargetNeutral$46.00 ➝ $48.00
12/14/2023UBS GroupBoost TargetNeutral ➝ Neutral$45.00 ➝ $48.00
12/1/2023Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$45.00
11/2/2023UBS GroupUpgradeSell ➝ Neutral$40.00 ➝ $45.00
10/30/2023Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$45.00
10/30/2023BarclaysLower TargetOverweight ➝ Overweight$50.00 ➝ $48.00
10/30/2023ScotiabankUpgradeSector Perform ➝ Sector Outperform$47.00 ➝ $54.00
10/5/2023CIBCBoost TargetNeutral$45.00 ➝ $46.00
10/2/2023Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$45.00
9/19/2023Raymond JamesUpgradeMarket Perform ➝ Outperform$50.00 ➝ $60.00
9/5/2023Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$45.00
7/11/2023BarclaysLower Target$56.00 ➝ $50.00
6/29/2023Royal Bank of CanadaLower TargetSector Perform$50.00 ➝ $45.00
6/27/2023Raymond JamesLower TargetMarket Perform$58.00 ➝ $50.00
6/22/2023Jefferies Financial GroupLower Target$58.00 ➝ $53.00
6/12/2023ScotiabankDowngradeSector Outperform ➝ Sector Perform$60.00 ➝ $47.00
6/2/2023Royal Bank of CanadaLower Target$55.00 ➝ $50.00
5/1/2023Raymond JamesLower TargetMarket Perform$60.00 ➝ $58.00
5/1/2023BarclaysLower Target$60.00 ➝ $56.00
4/11/2023Piper SandlerUpgradeUnderweight ➝ Neutral$46.00 ➝ $49.00
4/3/2023Royal Bank of CanadaReiterated RatingSector Perform$55.00
3/13/2023Alembic Global AdvisorsUpgradeNeutral ➝ Overweight$40.00 ➝ $60.00
3/1/2023Royal Bank of CanadaBoost TargetSector Perform$50.00 ➝ $55.00
2/9/2023BarclaysBoost TargetOverweight$48.00 ➝ $60.00
2/6/2023Raymond JamesBoost TargetMarket Perform$50.00 ➝ $60.00
2/6/2023Tudor PickeringUpgradeHold ➝ Buy$60.00
2/6/2023Tudor, Pickering, Holt & Co.UpgradeHold ➝ Buy$60.00
2/6/2023Royal Bank of CanadaBoost TargetSector Perform$45.00 ➝ $50.00
2/6/2023BMO Capital MarketsBoost TargetOutperform$60.00 ➝ $65.00
12/19/2022Jefferies Financial GroupLower TargetBuy$56.00 ➝ $47.00
11/30/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$50.00 ➝ $45.00
10/11/2022BarclaysLower Target$52.00 ➝ $48.00
10/10/2022Piper SandlerLower TargetUnderweight$40.00 ➝ $38.00
10/4/2022Royal Bank of CanadaLower TargetOutperform$55.00 ➝ $50.00
9/26/2022ScotiabankUpgradeSector Perform ➝ Sector Outperform$46.00
8/2/2022BarclaysLower Target$60.00 ➝ $52.00
7/29/2022Royal Bank of CanadaLower TargetOutperform$60.00 ➝ $55.00
7/29/2022Raymond JamesLower TargetMarket Perform$58.00 ➝ $50.00
7/29/2022Piper SandlerLower TargetUnderweight$48.00 ➝ $40.00
7/28/2022UBS GroupLower TargetSell$36.00 ➝ $34.00
7/13/2022UBS GroupLower TargetSell$44.00 ➝ $36.00
7/11/2022BarclaysLower TargetOverweight$63.00 ➝ $60.00
6/30/2022Royal Bank of CanadaLower TargetOutperform$65.00 ➝ $60.00
6/16/2022Jefferies Financial GroupBoost Target$67.00 ➝ $73.00
5/31/2022ScotiabankDowngradeSector Outperform ➝ Sector Perform$50.00
5/10/2022Piper SandlerDowngradeNeutral ➝ Underweight$49.00 ➝ $48.00
5/9/2022Alembic Global AdvisorsReiterated RatingHold$40.00
5/2/2022BarclaysBoost Target$60.00 ➝ $63.00
4/28/2022Raymond JamesSet TargetMarket Perform$58.00
4/19/2022Raymond JamesBoost TargetMarket Perform$54.00 ➝ $58.00
4/1/2022Royal Bank of CanadaBoost TargetOutperform$60.00 ➝ $65.00
3/28/2022TD SecuritiesBoost TargetBuy$59.00 ➝ $69.00
1/31/2022TD SecuritiesBoost TargetBuy$58.00 ➝ $59.00
1/27/2022Royal Bank of CanadaSet TargetOutperform$60.00
1/27/2022UBS GroupSet TargetSell$35.00
1/27/2022Raymond JamesSet TargetMarket Perform$52.00
1/26/2022Tudor Pickering & HoltSet TargetHold$44.00
1/13/2022TD SecuritiesLower TargetBuy$59.00 ➝ $58.00
1/4/2022UBS GroupBoost TargetSell$30.00 ➝ $35.00
12/29/2021Raymond JamesDowngradeOutperform ➝ Market Perform$62.00 ➝ $52.00
12/22/2021Tudor Pickering & HoltSet TargetHold$44.00
12/16/2021Tudor PickeringReiterated RatingHold$44.00
12/16/2021Tudor Pickering & HoltSet TargetHold$44.00
11/23/2021Tudor Pickering & HoltSet TargetHold$48.00
11/2/2021CitigroupLower TargetBuy$60.00 ➝ $55.00
10/28/2021Tudor Pickering & HoltSet TargetHold$48.00
10/28/2021Raymond JamesSet TargetOutperform$62.00
10/12/2021Raymond JamesBoost TargetOutperform$57.00 ➝ $62.00
10/5/2021ScotiabankBoost TargetOutperform$50.00 ➝ $56.00
9/30/2021TD SecuritiesBoost TargetBuy$55.00 ➝ $59.00
9/30/2021BMO Capital MarketsBoost TargetOutperform$55.00 ➝ $60.00
9/30/2021Royal Bank of CanadaBoost TargetOutperform$50.00 ➝ $60.00
9/27/2021Tudor PickeringBoost TargetHold$40.00 ➝ $48.00
9/27/2021Tudor Pickering & HoltBoost TargetHold$40.00 ➝ $48.00
9/20/2021ScotiabankUpgradeSector Perform ➝ Sector Outperform$40.00 ➝ $50.00
9/13/2021Piper SandlerInitiated CoverageNeutral$44.00
9/7/2021BarclaysUpgradeEqual Weight ➝ Overweight$39.00 ➝ $53.00
9/1/2021Tudor PickeringBoost TargetHold$38.00 ➝ $40.00
9/1/2021Tudor Pickering & HoltBoost TargetHold$38.00 ➝ $40.00
8/26/2021Tudor Pickering & HoltSet TargetHold$38.00
8/20/2021Tudor Pickering & HoltSet TargetHold$38.00
7/30/2021TD SecuritiesBoost TargetBuy$54.00 ➝ $55.00
7/30/2021Raymond JamesReiterated RatingOutperform$55.00
7/30/2021Tudor Pickering & HoltSet TargetHold$38.00
7/22/2021Raymond JamesBoost TargetOutperform$52.00 ➝ $55.00
7/19/2021TD SecuritiesBoost TargetBuy$51.00 ➝ $54.00
7/16/2021Raymond JamesBoost TargetOutperform$52.00 ➝ $70.00
7/7/2021Raymond JamesBoost TargetOutperform$50.00 ➝ $52.00
6/29/2021Tudor PickeringReiterated RatingHold$38.00
6/29/2021Tudor Pickering & HoltSet TargetHold$38.00
6/23/2021Tudor PickeringBoost TargetHold$50.00
6/23/2021Tudor Pickering & HoltSet TargetHold$38.00
6/1/2021Tudor Pickering & HoltSet TargetHold$38.00
6/1/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$45.00 ➝ $50.00
5/26/2021Tudor Pickering & HoltSet TargetHold$38.00
5/13/2021Tudor PickeringReiterated RatingHold$46.00
5/13/2021Tudor Pickering & HoltSet TargetHold$38.00
4/30/2021Tudor PickeringReiterated RatingSector Perform$45.00
4/30/2021Tudor Pickering & HoltSet TargetSector Perform$45.00
4/30/2021TD SecuritiesBoost TargetBuy$50.00 ➝ $51.00
4/29/2021Raymond JamesSet TargetOutperform$50.00
4/9/2021TD SecuritiesBoost TargetBuy$46.00 ➝ $50.00
1/29/2021TD SecuritiesUpgradeHold ➝ Buy$50.00 ➝ $46.00
1/29/2021Royal Bank of CanadaLower TargetSector Perform$50.00 ➝ $45.00
1/29/2021BarclaysLower TargetEqual Weight$47.00 ➝ $40.00
1/28/2021Raymond JamesLower TargetOutperform$55.00 ➝ $50.00
1/6/2021Smith Barney CitigroupUpgradeNeutral ➝ Buy$33.00 ➝ $55.00
1/6/2021ScotiabankDowngradeSector Outperform ➝ Sector Perform
1/4/2021Raymond JamesBoost TargetOutperform$45.00 ➝ $55.00
1/4/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$48.00 ➝ $50.00
12/29/2020Tudor PickeringBoost TargetHold$43.00 ➝ $49.00
12/29/2020BMO Capital MarketsBoost Target$50.00 ➝ $60.00
12/29/2020Tudor Pickering & HoltBoost TargetHold$43.00 ➝ $49.00
12/21/2020TD SecuritiesBoost TargetHold$34.00 ➝ $50.00
11/30/2020Sanford C. BernsteinDowngradeMarket Perform ➝ Underperform
11/29/2020Royal Bank of CanadaReiterated RatingBuy$35.00 ➝ $48.00
11/24/2020Tudor PickeringBoost TargetHold$29.00 ➝ $38.00
11/24/2020Tudor Pickering & HoltBoost TargetHold$29.00 ➝ $38.00
11/24/2020Raymond JamesBoost TargetOutperform$35.00 ➝ $45.00
10/30/2020Royal Bank of CanadaBoost TargetOutperform$30.00 ➝ $35.00
10/30/2020TD SecuritiesBoost TargetHold$29.00 ➝ $34.00
10/30/2020BarclaysBoost TargetEqual Weight$23.00 ➝ $31.00
10/28/2020Raymond JamesSet TargetOutperform$32.00
10/15/2020ScotiabankBoost TargetSector Outperform$31.00 ➝ $36.00
10/8/2020TD SecuritiesBoost TargetHold$21.00 ➝ $29.00
10/6/2020UBS GroupBoost TargetSell$8.00 ➝ $11.00
10/5/2020Raymond JamesBoost TargetOutperform$30.00 ➝ $32.00
10/1/2020BarclaysBoost TargetPositive ➝ Equal Weight$18.00 ➝ $23.00
9/30/2020Tudor Pickering & HoltSet TargetSell$17.00
9/29/2020Royal Bank of CanadaBoost TargetOutperform$28.00 ➝ $30.00
9/24/2020Tudor Pickering & HoltSet TargetSell$17.00
9/21/2020Raymond JamesSet TargetOutperform$30.00
9/18/2020Tudor Pickering & HoltSet TargetSell$17.00
9/8/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$21.00 ➝ $30.00
9/1/2020Tudor Pickering & HoltSet TargetSell$17.00
8/28/2020Royal Bank of CanadaBoost TargetOutperform$25.00 ➝ $28.00
8/26/2020Tudor Pickering & HoltSet TargetSell$17.00
8/11/2020Jefferies Financial GroupReiterated RatingBuy$36.00
8/3/2020Raymond JamesSet TargetMarket Perform$21.00
7/28/2020Raymond JamesBoost TargetMarket Perform$18.50 ➝ $21.00
7/1/2020BarclaysBoost TargetAverage ➝ Equal Weight$16.00 ➝ $18.00
6/30/2020TD SecuritiesBoost TargetHold$16.50 ➝ $21.00
6/19/2020Tudor PickeringDowngradeHold ➝ Sell$18.00 ➝ $17.00
6/19/2020Tudor Pickering & HoltDowngradeHold ➝ Sell$18.00 ➝ $17.00
6/4/2020ScotiabankUpgradeSector Perform ➝ Sector Outperform$19.00 ➝ $31.00
5/7/2020TD SecuritiesBoost TargetHold$16.00 ➝ $16.50
5/7/2020BMO Capital MarketsBoost TargetOutperform$20.00 ➝ $25.00
5/7/2020BarclaysBoost TargetEqual Weight$15.00 ➝ $16.00
5/7/2020Raymond JamesSet TargetMarket Perform$22.00
5/1/2020Raymond JamesSet TargetMarket Perform$22.00
5/1/2020Jefferies Financial GroupUpgradeHold ➝ Buy$13.00 ➝ $36.00
4/30/2020Tudor PickeringReiterated RatingHold$19.00
4/30/2020Tudor Pickering & HoltSet TargetHold$19.00
4/24/2020Tudor PickeringReiterated RatingHold$21.00
4/21/2020Sanford C. BernsteinUpgradeUnderperform ➝ Market Perform
4/9/2020CitigroupLower TargetNeutral$19.00 ➝ $13.00
4/6/2020BarclaysReiterated RatingHold$15.00
4/5/2020Raymond JamesSet TargetMarket Perform$22.00
4/2/2020Tudor PickeringReiterated RatingHold$21.00
4/2/2020Tudor Pickering & HoltSet TargetHold$21.00
3/31/2020Royal Bank of CanadaLower TargetOutperform$45.00 ➝ $25.00
3/30/2020Raymond JamesDowngradeOutperform ➝ Market Perform$48.00 ➝ $22.00
3/18/2020ScotiabankInitiated CoverageSector Perform$24.00
3/17/2020TD SecuritiesLower TargetHold$42.00 ➝ $16.00
3/17/2020Monness Crespi & HardtDowngradeBuy ➝ Neutral
3/13/2020UBS GroupLower TargetSell$25.00 ➝ $8.00
3/11/2020CitigroupLower TargetNeutral$39.00 ➝ $19.00
3/3/2020Royal Bank of CanadaLower TargetOutperform$50.00 ➝ $45.00
1/31/2020TD SecuritiesLower TargetHold$47.00 ➝ $42.00
1/31/2020CIBCReiterated RatingHold$38.00
1/30/2020Raymond JamesSet TargetOutperform$48.00
1/9/2020Raymond JamesReiterated RatingOutperform$48.00
1/1/2020Royal Bank of CanadaReiterated RatingBuy$50.00
12/20/2019CowenLower TargetMarket Perform$40.00 ➝ $38.00
12/9/2019Royal Bank of CanadaReiterated RatingBuy$50.00
11/27/2019TD SecuritiesDowngradeBuy ➝ Hold
11/19/2019TD SecuritiesDowngradeBuy ➝ Hold$47.00
11/1/2019TD SecuritiesLower TargetBuy$48.00 ➝ $47.00
10/31/2019Raymond JamesReiterated RatingOutperform$50.00
(Data available from 10/30/2019 forward)

News Sentiment Rating

0.84 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/3/2024
  • 3 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/3/2024
  • 9 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/2/2024
  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/2/2024
  • 10 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/1/2024
  • 4 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/31/2024
  • 14 very positive mentions
  • 20 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
9/30/2024
  • 10 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
10/30/2024

Current Sentiment

  • 10 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Methanex logo
Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. 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. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.
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Today's Range

Now: $39.74
Low: $39.42
High: $40.39

50 Day Range

MA: $41.92
Low: $36.58
High: $46.69

52 Week Range

Now: $39.74
Low: $36.13
High: $56.43

Volume

57,499 shs

Average Volume

297,040 shs

Market Capitalization

$2.68 billion

P/E Ratio

18.48

Dividend Yield

1.83%

Beta

1.35

Frequently Asked Questions

What sell-side analysts currently cover shares of Methanex?

The following sell-side analysts have issued research reports on Methanex in the last twelve months: Barclays PLC, CIBC, Jefferies Financial Group Inc., Piper Sandler, Raymond James, Royal Bank of Canada, Scotiabank, TheStreet, and UBS Group AG.
View the latest analyst ratings for MEOH.

What is the current price target for Methanex?

8 Wall Street analysts have set twelve-month price targets for Methanex in the last year. Their average twelve-month price target is $55.38, suggesting a possible upside of 39.3%. Piper Sandler has the highest price target set, predicting MEOH will reach $68.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $44.00 for Methanex in the next year.
View the latest price targets for MEOH.

What is the current consensus analyst rating for Methanex?

Methanex currently has 3 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MEOH.

What other companies compete with Methanex?

How do I contact Methanex's investor relations team?

Methanex's physical mailing address is 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1. The specialty chemicals company's listed phone number is (604) 661-2600 and its investor relations email address is [email protected]. The official website for Methanex is www.methanex.com. Learn More about contacing Methanex investor relations.