Alembic Global analyst Hassan Ahmed maintained a Hold rating on Methanex Corp (MEOH) today and set a price target of $55. The company’s shares opened today at $56.81.
According to TipRanks.com, Ahmed ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -3.3% and a 37.9% success rate. Ahmed covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Venator Materials Plc, and LyondellBasell.
Methanex Corp has an analyst consensus of Hold, with a price target consensus of $58.
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Methanex Corp’s market cap is currently $4.43B and has a P/E ratio of 8.12. The company has a Price to Book ratio of 2.93.
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Methanex Corp. is a producer and supplier of methanol. It operates the methanol ocean tanker fleet. The company was founded on March 11, 1968 and is headquartered in Vancouver, Canada.