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Methanex (MEOH) Gets a Buy from Alembic Global
In a report released today, Hassan Ahmed from Alembic Global maintained a Buy rating on Methanex, with a price target of $80.00.
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Ahmed covers the Basic Materials sector, focusing on stocks such as Westlake Corporation, Huntsman, and LyondellBasell. According to TipRanks, Ahmed has an average return of 3.7% and a 46.17% success rate on recommended stocks.
In addition to Alembic Global, Methanex also received a Buy from Jefferies’s Laurence Alexander in a report issued on March 20. However, yesterday, TipRanks – Google reiterated a Hold rating on Methanex (NASDAQ: MEOH).
MEOH market cap is currently C$6.41B and has a P/E ratio of 35.38.
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