Scotiabank Maintains Methanex (MEOH) Sector Outperform Recommendation
On November 3, 2025, Scotiabank confirmed its coverage of Methanex (NasdaqGS:MEOH), continuing to recommend it as a Sector Outperform, according to Fintel.
Analyst Price Forecast
As of October 31, 2025, the average one-year price target for Methanex stands at $37.64 per share, with projections ranging from $31.91 to $49.00. This target implies a 1.32% increase from the latest closing price of $37.15 per share.
Financial Projections
- Projected annual revenue: $4.993 billion, a 39.88% rise.
- Projected annual non-GAAP EPS: 6.46.
Institutional Holdings and Market Sentiment
- There are 295 funds or institutions reporting positions in Methanex.
- The average portfolio weight for all funds in MEOH increased by 20.16% to 0.22%.
- Total shares owned by institutions dropped 4.08% over the past three months, totaling 50.273 million shares.
- The put/call ratio of 0.27 suggests a bullish market outlook.
Major Shareholders
M&G holds 12.757 million shares, representing 16.49% ownership in the company, with no changes in the last quarter.
Fintel reports that on November 3, 2025, Scotiabank maintained coverage of Methanex (NasdaqGS:MEOH) with a Sector Outperform recommendation.
Summary: Scotiabank continues to support Methanex with a favorable outlook, reinforced by solid financial growth forecasts and bullish institutional sentiment.