UBS Reaffirms Their Buy Rating on Methanex (MEOH)
In a report released today, Joshua Spector from UBS maintained a Buy rating on Methanex, with a price target of $71.00.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, Spector is a 4-star analyst with an average return of 2.6% and a 51.81% success rate. Spector covers the Basic Materials sector, focusing on stocks such as Ecolab, Solstice Advanced Materials, Inc., and RPM International.
In addition to UBS, Methanex also received a Buy from Scotiabank’s Ben Isaacson in a report issued yesterday. However, on the same day, J.P. Morgan maintained a Hold rating on Methanex (NASDAQ: MEOH).
Based on Methanex’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$1.36 billion and a net profit of C$192.73 million. In comparison, last year the company earned a revenue of C$796.51 million and had a net profit of C$64.41 million
Read More on MEOH:
Disclaimer & DisclosureReport an Issue
- Methanex price target lowered to $55 from $65 at JPMorgan
- Methanex Posts Record Q2 2026 Earnings and North American Output, Idles Trinidad Titan Plant
- Methanex reports Q2 adjusted EPS $3.87, consensus $4.01
- CIBC upgrades Methanex to Outperformer on tight methanol market
- Methanex upgraded to Outperformer from Neutral at CIBC
