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Methanex Corp. (TSE:MX)
TSX:MX
Holding TSE:MX?
Track your performance easily
See the Price Targets and Ratings of:
MX Analyst Ratings
Moderate Buy
5 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MX Stock 12 Month Forecast
Average Price Target
C$75.93
▲(21.90% Upside)
| Highest Price TargetC$81.15 | Average Price TargetC$75.93 | Lowest Price TargetC$68.98 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Scotiabank
Assigned
08/13/24
Piper Sandler
Upgraded
08/07/24
CIBC
Reiterated
08/01/24
Barclays
Reiterated
08/01/24
RBC Capital
Assigned
07/31/24
Jefferies
Assigned
06/26/24
Alembic Global
C$81.15
Buy
30.28%
Upside
Reiterated
05/06/24
Analysts Offer Insights on Materials Companies: Green Plains (NASDAQ: GPRE), Methanex (NASDAQ: MEOH) and Summit Materials (NYSE: SUM)
BMO Capital
C$81.15
Buy
30.28%
Upside
Reiterated
04/25/24
Analysts Offer Insights on Materials Companies: Methanex (NASDAQ: MEOH), Newmont Mining (NYSE: NEM) and Reliance Steel (NYSE: RS)
Raymond James
C$67.63→C$81.15
Buy
30.28%
Upside
Upgraded
09/19/23
Methanex upgraded to Outperform from Market Perform at Raymond JamesMethanex upgraded to Outperform from Market Perform at Raymond James
Best Analysts Covering Methanex
Which Analyst Should I Follow If I Want to Buy TSE:MX and Sell After:
1 Month
xxx
Success Rate
15/23 ratings generated profit
Average Return
+1.91%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 65.22% of your transactions generating a profit, with an average return of +1.91% per trade.
3 Months
xxx
Success Rate
15/23 ratings generated profit
Average Return
+6.20%
upgraded a xxx
rating 18 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 65.22% of your transactions generating a profit, with an average return of +6.20% per trade.
1 Year
Success Rate
22/38 ratings generated profit
Average Return
+14.65%
reiterated a buy rating 4 months ago
Copying Joel Jackson's trades and holding each position for 1 Year would result in 57.89% of your transactions generating a profit, with an average return of +14.65% per trade.
2 Years
xxx
Success Rate
24/38 ratings generated profit
Average Return
+31.19%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 63.16% of your transactions generating a profit, with an average return of +31.19% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MX Analyst Recommendation Trends
Rating
Apr 24
May 24
Jun 24
Jul 24
Aug 24
Strong Buy
0
0
0
0
0
Buy
17
13
13
8
10
Hold
9
7
7
4
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
26
20
20
12
14
Each month's total comprises the sum of three months' worth of ratings.
MX Financial Forecast
MX Stock Forecast FAQ
What is TSE:MX’s average 12-month price target, according to analysts?
Based on analyst ratings, Methanex Corp.’s 12-month average price target is C$75.93.
What is TSE:MX’s upside potential, based on the analysts’ average price target?
Methanex Corp. has 21.90% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is TSE:MX a Buy, Sell or Hold?
Methanex Corp. has a consensus rating of Moderate Buy which is based on 5 buy ratings, 2 hold ratings and 0 sell ratings.
What is Methanex Corp.’s price target?
The average price target for Methanex Corp. is C$75.93. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$81.15 ,the lowest forecast is C$68.98. The average price target represents 21.90% Increase from the current price of C$62.29.
The highest analyst price target is C$81.15 ,the lowest forecast is C$68.98. The average price target represents 21.90% Increase from the current price of C$62.29.
What do analysts say about Methanex Corp.?
Methanex Corp.’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 7 Wall Streets Analysts.
How can I buy shares of TSE:MX?
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