A number of firms have modified their ratings and price targets on shares of Methanex (NASDAQ: MEOH) recently:
- 8/1/2026 – Methanex was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 7/31/2026 – Methanex had its price target raised by UBS Group AG from $70.00 to $71.00. They now have a “buy” rating on the stock.
- 7/29/2026 – Methanex was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
- 7/20/2026 – Methanex was upgraded by Canadian Imperial Bank of Commerce from “neutral” to “sector outperform”. They now have a $71.00 price target on the stock, up from $69.00.
- 7/20/2026 – Methanex was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/13/2026 – Methanex was given a new $70.00 price target by National Bank Financial. They now have an “outperform” rating on the stock.
- 7/12/2026 – Methanex was downgraded by Wall Street Zen from “buy” to “hold”.
- 7/1/2026 – Methanex had its price target lowered by Royal Bank Of Canada from $70.00 to $65.00. They now have a “sector perform” rating on the stock.
- 6/22/2026 – Methanex was downgraded by Zacks Research from “strong-buy” to “hold”.
Methanex Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a $0.185 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.74 annualized dividend and a yield of 1.4%. Methanex’s dividend payout ratio is 71.84%.
The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).
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