Scotiabank Maintains Methanex (MEOH) Sector Outperform Rating
On November 3, 2025, Scotiabank reaffirmed its coverage of Methanex Corporation (NasdaqGS:MEOH) with a Sector Outperform recommendation, according to a report from Fintel.
Fintel reports that on November 3, 2025, Scotiabank maintained coverage of Methanex (NasdaqGS:MEOH) with a Sector Outperform recommendation. Analyst price forecast suggests a 1.32% upside.
Analyst Forecast and Valuation
As of October 31, 2025, the average one-year price target for Methanex is set at $37.64 per share. Forecasts vary between a low estimate of $31.91 and a high of $49.00. This average implies a modest 1.32% gain over the latest closing price of $37.15.
Financial Projections
- Projected annual revenue: $4,993 million, up 39.88% year-over-year
- Estimated non-GAAP EPS: 6.46
Institutional Holdings
Currently, 295 funds and institutions have positions in Methanex. The average portfolio allocation to MEOH stands at 0.22%, reflecting a rise of 20.16%. Despite this, institutional share ownership has declined by 4.08% over the past quarter, totaling 50.27 million shares.
The put/call ratio is measured at 0.27, signaling an overall bullish sentiment among traders.
Major Shareholders
M&G remains one of the largest shareholders with 12.76 million shares, accounting for a 16.49% ownership stake. There were no position changes in the most recent quarter.
Author’s Summary
Scotiabank upholds a positive stance on Methanex, seeing minor price upside supported by strong revenue growth forecasts and steady institutional confidence.