Methanex (MEOH) PT Raised to $60 at RBC Capital on Strong Methanol Price

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Go back to Methanex (MEOH) PT Raised to $60 at RBC Capital on Strong Methanol Price

Methanex (MEOH) PT Raised to $56 at Jefferies as LNG Prices Surge to $609/t - Jefferies

September 27, 2021 8:19 AM EDT

Jefferies analyst Laurence Alexander raised the price target on Methanex (NASDAQ: MEOH) to $56.00 (from $54.00) after the company posted the highest methanol prices since late 2007, reflecting solid demand, rising coal prices and the surge in LNG prices. North American methanol prices of $609/t and raised the... More