UBS Maintains Buy on Methanex, Raises Price Target to $74
UBS analyst Joshua Spector maintains Methanex (NASDAQ:MEOH) with a Buy and raises the price target from $71 to $74.
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Methanex Q2 Adj. EPS $3.87 Misses $3.99 Estimate, Sales $1.395B Miss $1.459B Estimate
Methanex (NASDAQ:MEOH) reported quarterly earnings of $3.87 per share which missed the analyst consensus estimate of $3.99 by 3.01 percent. This is a 298.97 percent increase over earnings of $0.97 per share from the
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Here's Why You Should Hold Onto MEOH Stock for Now
Methanex Corporation (MEOH) shares have gained 56.5% over the past year driven by expanded North American capacity and the OCI acquisition, with Geismar achieving record production. However, the company faces significant challenges including gas constraints, weak demand in China, lower realized pricing, and elevated shipping costs, resulting in a Hold rating.
Methanex To Sell Substantially All New Zealand Gas Entitlements Starting Q1 2027; To Indefinitely Idle New Zealand Production Facilities During Q1 2027; Does Not Expect Material Cash Costs From Idling New Zealand Facilities
Methanex Corporation (the "Company" or "Methanex") (TSX:MX) (NASDAQ:MEOH) announced today that it has entered into an agreement to sell substantially all of its New Zealand natural gas contractual
UBS Maintains Buy on Methanex, Raises Price Target to $71
UBS analyst Joshua Spector maintains Methanex (NASDAQ:MEOH) with a Buy and raises the price target from $70 to $71.