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MEOH

Methanex

$40.65

-0.25 (-0.61%)

07:50
11/30/16
11/30
07:50
11/30/16
07:50

Methanex price target raised to $48 from $40 at Cowen

Cowen analyst Charles Nievert raised his price target on Methanex to $48 from $40 based on methanol pricing trends, its potential in Chile, strong methanol demand, and capacity additions still being outpaced by demand. Nievert reiterated his Outperform rating on Methanex shares.

MEOH Methanex
$40.65

-0.25 (-0.61%)

10/03/16
RAJA
10/03/16
DOWNGRADE
Target $40
RAJA
Outperform
Methanex downgraded to Outperform from Strong Buy at Raymond James
Raymond James analyst Steve Hansen downgraded Methanex to Outperform from Strong Buy due to recent share strength. Hansen raised Methanex's price target to $40 from $37 to reflect the upturn in glboal methanol prices and improved cash flow visibility.
10/24/16
CIBC
10/24/16
DOWNGRADE
CIBC
Sector Performer
Methanex downgraded to Sector Performer from Outperformer at CIBC
10/28/16
TDSI
10/28/16
DOWNGRADE
TDSI
Hold
Methanex downgraded to Hold from Buy at TD Securities
10/31/16
UBSW
10/31/16
DOWNGRADE
Target $31
UBSW
Sell
Methanex downgraded to Sell from Neutral at UBS
UBS analyst John Roberts downgraded Methanex to Sell citing valuation with the shares up nearly 30% over the past month. The stock at current levels more than reflects the improvement in methanol prices, Roberts tells investors in a research note. He raised his price target for Methanex shares to $31 from $28.

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