Methanex:Stocks Analysts Recently Upgraded on TSX (MX)
Methanex Corp is among the group of Toronto Stock Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.
Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| SHOP | Shopify Inc | 11 | 0 | 6 | 0 | 0 | 0 | 4.2941 | 4.25 | Outperform |
| CDAY | Ceridian HCM Holding Inc | 2 | 2 | 0 | 0 | 0 | 0 | 4.5 | 4 | Outperform |
| MX | Methanex Corp | 2 | 1 | 3 | 0 | 0 | 0 | 3.8333 | 3.5 | Outperform |
| FCR-UN | First Capital REIT | 6 | 1 | 0 | 0 | 0 | 0 | 4.8571 | 4.4286 | Buy |
All data provided as of November 02, 2023.
More about Methanex Corp
Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel.
Methanex Corp is listed under MX on the Toronto Stock Exchange.
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