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 price target of $55.
September 03, 2024 | 1:10 pm
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NEUTRAL IMPACT
RBC Capital has reiterated its Sector Perform rating for Methanex, maintaining a price target of $55. This suggests a neutral outlook on the stock's performance.
The reiteration of a Sector Perform rating and maintenance of the $55 price target by RBC Capital indicates that the analyst expects Methanex to perform in line with the sector. This suggests no significant change in the stock's outlook, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100