Methanex (MEOH) Tops Q4 EPS by 26c

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Go back to Methanex (MEOH) Tops Q4 EPS by 26c

Methanex (MEOH) PT Raised to $60 at Jefferies Following 4Q Report

January 27, 2017 8:57 AM EST

Jefferies raised its price target on Methanex (NASDAQ: MEOH) to $60.00 (from $55.00) while maintaining a Buy rating following 4Q report. Methanex reported adjusted EBITDA of $139m reflecting production of 1.859m tons and average realized price of $278.

Analyst Laurence Alexander commented, "In Q4, Methanex capitalized on... More