Analysts Are Bullish on These Materials Stocks: Methanex (MEOH), Sociedad Quimica Y Minera SA (SQM)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Methanex (MEOH – Research Report) and Sociedad Quimica Y Minera SA (SQM – Research Report) with bullish sentiments.
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Methanex (MEOH)
In a report released today, Joshua Spector from UBS maintained a Buy rating on Methanex, with a price target of $60.00. The company’s shares closed last Tuesday at $51.17.
According to TipRanks.com, Spector is a 4-star analyst with an average return of
Methanex has an analyst consensus of Moderate Buy, with a price target consensus of $54.40, a 4.9% upside from current levels. In a report issued on February 23, Scotiabank also maintained a Buy rating on the stock with a $60.00 price target.
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Sociedad Quimica Y Minera SA (SQM)
In a report released today, Joel Jackson from BMO Capital reiterated a Buy rating on Sociedad Quimica Y Minera SA, with a price target of $100.00. The company’s shares closed last Tuesday at $68.80.
According to TipRanks.com, Jackson is a 5-star analyst with an average return of
Currently, the analyst consensus on Sociedad Quimica Y Minera SA is a Moderate Buy with an average price target of $84.57, implying a 23.9% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $76.00 price target.
