In recent analyst activity, CIBC has made adjustments to its price target for Methanex (MEOH, Financial). Analyst Hamir Patel has decided to lower the price target from $47.00 to $44.00 USD, reflecting a decrease of 6.38%. Despite this change, the rating for Methanex remains consistent as an "Outperformer".
These updates were released on May 5, 2025, providing pivotal information for investors and stakeholders looking to make informed decisions based on current market analyses. The maintained rating suggests that CIBC still sees positive performance potential for Methanex despite the adjusted price target.
Investors monitoring Methanex (MEOH, Financial) will be keen to observe how these adjustments influence market dynamics and stock performance in the coming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Methanex Corp (MEOH, Financial) is $47.10 with a high estimate of $65.00 and a low estimate of $36.00. The average target implies an upside of 45.78% from the current price of $32.31. More detailed estimate data can be found on the Methanex Corp (MEOH) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Methanex Corp's (MEOH, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Methanex Corp (MEOH, Financial) in one year is $45.72, suggesting a upside of 41.5% from the current price of $32.31. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Methanex Corp (MEOH) Summary page.
