RBC Capital Reiterates Sector Perform on Methanex, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nelson Ng has reiterated a Sector Perform rating on Methanex (NASDAQ:MEOH) and maintained a $55 price target.
August 01, 2024 | 2:20 pm
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RBC Capital has reiterated a Sector Perform rating on Methanex and maintained a $55 price target, indicating a neutral outlook.
The reiteration of a Sector Perform rating and maintenance of the $55 price target by RBC Capital suggests a neutral outlook for Methanex. This indicates that the stock is expected to perform in line with the sector, and no significant short-term price movement is anticipated.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100