Analysts Have Conflicting Sentiments on These Materials Companies: First Quantum Minerals (OtherFQVLF) and Methanex (MEOH)
Analysts have been eager to weigh in on the Materials sector with new ratings on First Quantum Minerals (FQVLF – Research Report) and Methanex (MEOH – Research Report).
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First Quantum Minerals (FQVLF)
First Quantum Minerals received a Sell rating and a C$28.00 price target from J.P. Morgan analyst Patrick Jones yesterday. The company’s shares closed last Monday at $23.93.
According to TipRanks.com, Jones is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Quantum Minerals with a $30.48 average price target.
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Methanex (MEOH)
J.P. Morgan analyst Jeffrey Zekauskas maintained a Buy rating on Methanex yesterday and set a price target of $56.00. The company’s shares closed last Monday at $53.01, close to its 52-week high of $56.43.
According to TipRanks.com, Zekauskas is a 4-star analyst with an average return of
Currently, the analyst consensus on Methanex is a Moderate Buy with an average price target of $56.14, implying a 10.3% 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.
