Scotiabank Maintains Methanex Sector Outperform Recommendation
On November 3, 2025, Scotiabank upheld its Sector Outperform recommendation for Methanex [finance:Methanex Corporation], according to Fintel.
Analyst Price Forecast
As of October 31, 2025, the average one-year price target for Methanex is $37.64 per share, ranging from $31.91 to $49.00. This target suggests a 1.32% upside from the latest closing price of $37.15 per share.
Financial Projections
- Projected annual revenue: $4,993 million, a 39.88% increase
- Projected annual non-GAAP EPS: 6.46
Institutional Ownership and Sentiment
- 295 funds or institutions report positions in Methanex
- Average portfolio weight in Methanex increased by 20.16%, now at 0.22%
- Total shares held by institutions declined 4.08% over the last three months, totaling 50.273 million shares
- The put/call ratio is 0.27, indicating a bullish market outlook
Major Shareholders
M&G holds 12.757 million shares, amounting to 16.49% ownership, with no changes reported in the last quarter.
"Fintel reports that on November 3, 2025, Scotiabank maintained coverage of Methanex [finance:Methanex Corporation] with a Sector Outperform recommendation."
Summary: Scotiabank continues to view Methanex positively, forecasting modest price appreciation amid strong revenue growth and increased institutional interest.
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