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Scotiabank Keeps Their Buy Rating on Methanex (MEOH)
In a report released today, Ben Isaacson from Scotiabank maintained a Buy rating on Methanex, with a price target of $80.00.
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According to TipRanks, Isaacson is a 4-star analyst with an average return of 5.9% and a 47.30% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Methanex, Cf Industries Holdings, and Nutrien.
In a report released on June 11, BMO Capital also reiterated a Buy rating on the stock with a $75.00 price target.
The company has a one-year high of C$92.97 and a one-year low of C$44.57. Currently, Methanex has an average volume of 289.2K.
Read More on MEOH:
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- Methanex to Indefinitely Idle Trinidad Titan Methanol Plant Amid Gas Supply Crunch
- Methanex provides update on Trinidad, Tobago operations
- Methanex price target raised to $80 from $70 at Scotiabank
- Methanex Shareholders Back Board, Auditor and Pay at April 30 AGM
- Methanex price target raised to $69 from $66 at CIBC
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