Analysts Offer Insights on Materials Companies: Methanex (MEOH) and Eastman Chemical (EMN)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Methanex (MEOH – Research Report) and Eastman Chemical (EMN – Research Report) with bullish sentiments.
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Methanex (MEOH)
In a report released today, Hassan Ahmed from Alembic Global maintained a Buy rating on Methanex, with a price target of $65.00. The company’s shares closed last Tuesday at $50.49.
According to TipRanks.com, Ahmed is a 4-star analyst with an average return of
Methanex has an analyst consensus of Strong Buy, with a price target consensus of $57.25, which is a 7.8% upside from current levels. In a report issued on March 6, Scotiabank also maintained a Buy rating on the stock with a $60.00 price target.
See the top stocks recommended by analysts >>
Eastman Chemical (EMN)
Mizuho Securities analyst John Roberts CFA maintained a Buy rating on Eastman Chemical yesterday and set a price target of $80.00. The company’s shares closed last Tuesday at $69.22.
According to TipRanks.com, CFA 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 Eastman Chemical with a $75.40 average price target, implying a 7.6% upside from current levels. In a report issued on March 8, TipRanks – DeepSeek also upgraded the stock to Buy with a $78.00 price target.
