Analysts Offer Insights on Materials Companies: Methanex (MEOH) and Pan American Silver (PAAS)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Methanex (MEOH – Research Report) and Pan American Silver (PAAS – Research Report) with bullish sentiments.
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Methanex (MEOH)
In a report released today, Ben Isaacson from Scotiabank maintained a Buy rating on Methanex, with a price target of $60.00. The company’s shares closed last Thursday at $57.05.
According to TipRanks.com, Isaacson 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 1.6% upside from current levels. In a report issued on March 4, UBS also assigned a Buy rating to the stock with a $60.00 price target.
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Pan American Silver (PAAS)
Scotiabank analyst Ovais Habib maintained a Buy rating on Pan American Silver today and set a price target of $64.00. The company’s shares closed last Thursday at $59.95.
According to TipRanks.com, Habib is a 5-star analyst with an average return of
Currently, the analyst consensus on Pan American Silver is a Strong Buy with an average price target of $69.00, which is an 11.6% upside from current levels. In a report issued on February 19, Bank of America Securities also maintained a Buy rating on the stock with a $73.00 price target.
