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Methanex (MEOH) Receives a Buy from UBS

Tipranks - Tue Jul 7, 5:26AM CDT

UBS analyst Joshua Spector maintained a Buy rating on Methanex today and set a price target of $70.00.

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According to TipRanks, Spector is a 4-star analyst with an average return of 4.5% and a 53.63% success rate. Spector covers the Basic Materials sector, focusing on stocks such as Ecolab, Linde, and RPM International.

In addition to UBS, Methanex also received a Buy from Scotiabank’s Ben Isaacson in a report issued on June 30. However, on July 1, RBC Capital maintained a Hold rating on Methanex (NASDAQ: MEOH).

MEOH market cap is currently C$5.04B and has a P/E ratio of -98.76.

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