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Enter Symbol:
 
Methanex Corporation (MEOH) [hlAlert]

Rating:
Sell MEOH
down 73.34 %

Methanex Corporation (MEOH) downgraded to Sell with price target $8 by Canaccord Adams

Posted on: Thursday,  Jan 8, 2009  8:25 AM ET by Canaccord Adams

Canaccord Adams rated Sell Methanex Corporation (NASDAQ: MEOH) on 01/08/2009, when the stock price was $10.64. Since
then, Methanex Corporation has gained 275.19% as of 01/19/2016's recent price of $39.92.
If you would have followed this Canaccord Adams's recommendation on MEOH, you would have lost 73.34% of your investment in 2567 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.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2009 8:25 AM Sell
None
10.64 8.00
as of 12/31/2009
1 Week down  -49.44 %
1 Month down  -64.19 %
3 Months down  -70.07 %
1 YTD down  -176.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2008 11:25 AM Hold
None
28.86 22.00

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