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Methanex Corporation (MEOH) [hlAlert]

Rating:
Buy MEOH
down 60.29 %

Methanex Corporation (MEOH) rated Buy with price target $70 by Monness Crespi & Hardt

Posted on: Friday,  Nov 15, 2013  8:25 AM ET by Monness Crespi & Hardt

Monness Crespi & Hardt rated Buy Methanex Corporation (NASDAQ: MEOH) on 11/15/2013, when the stock price was $64.35. Since then, Methanex Corporation
has lost 60.30% of its value until Monness Crespi & Hardt rated MEOH Neutral on 01/19/2016, when the price was $25.55.
If you would have followed this Monness Crespi & Hardt's recommendation on MEOH, you would have lost 60.29% of your investment in 795 days.

Methanex Corp. is a Vancouver based company engaged in the worldwide production and marketing of methanol. Methanol, made from natural gas, is a basic chemical building block used to manufacture products such as formaldehyde, MTBE, acetic acid and others. The Company operates production facilities in Canada, the United States, New Zealand and Chile. The Company also markets additional methanol from plants in the US, Trinidad and Europe.

Monness Crespi & Hardt
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2016 8:25 AM Hold
None
25.55
as of 12/13/2013
1 Week down  -3.84 %
1 Month down  -10.22 %
3 Months up  11.24 %
1 YTD down  -12.96 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2013 8:25 AM Buy
None
64.35 70.00
11/1/2013 8:25 AM Buy
None
58.86 65.00
9/27/2013 9:25 AM Buy
None
50.71 58.00
6/10/2013 9:25 AM Buy
None
42.69 52.00

(*) Stock Price at the time of the recommendation.
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