Shares of Methanex Corporation traded down 1.70% during mid-day trading on Monday, hitting $32.31. Methanex Corporation has a 52 week low of $25.56 and a 52 week high of $35.52. The stock?s 50-day moving average is currently $31.65. The company has a market cap of $3.036 billion and a P/E ratio of 22.87.
A number of other analysts have also recently weighed in on MEOH. Analysts at Raymond James downgraded shares of Methanex Corporation from an ?outperform? rating to a ?market perform? rating in a research note to investors on Friday. They now have a $34.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Methanex Corporation from an ?underperform? rating to a ?neutral? rating in a research note to investors on Tuesday, November 27th. They now have a $31.00 price target on the stock. Finally, analysts at RBC Capital reiterated a ?sector perform? rating on shares of Methanex Corporation in a research note to investors on Friday, October 26th. They now have a $33.00 price target on the stock. Methanex Corporation (Methanex) produces and markets methanol, a chemical that is used to make a range of industrial, consumer and energy products.