Methanex Comments on 13D Filing by Largest Shareholder

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Cowen Reiterates Outperform on Methanex (MEOH)

March 28, 2017 11:33 AM EDT

Cowen reiterated an Outperform rating and $60.00 price target on Methanex (NASDAQ: MEOH). Using guidelines provided by management, MEOH is capable of generating FCF of $700 MM annually based on a price realization of $350/mt. Assuming annual FCF of $700 MM in 2017 and 2018, MEOH would have... More