The Latest Breaking News from Methanex

A Relative Strength Rating upgrade for Methanex shows improving technical performance. Will it continue?

A Relative Strength Rating upgrade for Methanex shows improving technical performance. Will it continue?

Analysts have provided the following ratings for Methanex (NASDAQ:MEOH) within the last quarter:

Upgrades

Barclays has decided to maintain its Overweight rating of Methanex (NASDAQ:MEOH) and raise its price target from $60.00 to $63.00. Shares of Methanex are trading up 1.89% over the last 24 hours, at $51.11 per share. A move to $63.00 would account for a 23.26% increase from the current share…

Methanex (NASDAQ:MEOH) is set to give its latest quarterly earnings report on Wednesday, 2022-04-27. Here's what investors need to know before the announcement. Analysts estimate that Methanex will report an earnings per share (EPS) of $1.23.

Understanding Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Methanex stock was in a base, despite a slide in the market as Russia's attack on Ukraine upends the outlook for energy and other goods.

Methanex shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 66 to 83.