Scotiabank analyst Ben Isaacson maintained a Buy rating on Methanex (NASDAQ:MEOH) Corp. on Thursday, setting a price target of $36, which is approximately 31.29% above the present share price of $27.42.
Isaacson expects Methanex Corp . to post earnings per share (EPS) of -$0.85 for the fourth quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Methanex, with an average price target of $29.86.
The analysts price targets range from a high of $36 to a low of $23.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $512.29 million and a net profit of -$63.53 million. The company's market cap is $2.09 billion.
According to TipRanks.com, Scotiabank analyst Ben Isaacson is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 7.1% and a 61.54% success rate.
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.