Methanex Corp. (MX:CA) RBC Capital Markets Raise Target Forecast

Methanex Corp. (MX:CA) (MEOH)

Analyst Updates

RBC Capital Markets raised their 12 month target price to $75.00 from $68.00, while maintaining an “Outperform” rating. The revision reflects stronger global methanol pricing, supported by tighter supply conditions and improving demand across key end markets, including energy, chemicals, and emerging low-carbon applications.

Analysts highlighted Methanex’s leverage to rising spot and contract prices, given its position as the world’s largest methanol producer and its diversified production footprint. The firm also pointed to Methanex’s operational flexibility and cost discipline, which allow it to capture margin upside as pricing improves. With a solid balance sheet and improving cash flow outlook, RBC sees Methanex as well positioned to benefit from a more favorable methanol cycle while continuing to invest in growth initiatives and shareholder returns.

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