UBS Keeps 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 $60.00.
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Spector covers the Basic Materials sector, focusing on stocks such as Ecolab, Cf Industries Holdings, and Ashland. According to TipRanks, Spector has an average return of 5.3% and a 56.46% success rate on recommended stocks.
In a report released on February 23, Scotiabank also maintained a Buy rating on the stock with a $60.00 price target.
MEOH market cap is currently C$5.56B and has a P/E ratio of 15.32.
Read More on MEOH:
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- Methanex price target raised to $60 from $53 at UBS
- MEOH Upcoming Earnings Report: What to Expect?
- Methanex Backs Launch of U.K.’s First Commercial Biomethanol Bunkering at Port of Immingham
- Methanex, Orsted, Exolum announce launch of UK biomethanol bunkering service
- Methanex downgraded to Neutral from Outperformer at CIBC (earlier)
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