A number of research firms have changed their ratings and price targets for Methanex (NASDAQ: MEOH):
- 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 Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.185 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.74 dividend on an annualized basis and a yield of 1.3%. Methanex’s payout ratio is -151.02%.
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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