CIBC Gives Methanex (MEOH) Higher Rating, Hudbay Minerals (TSE:HBM) Had 7 Analysts Last Week

Among 11 analysts covering Methanex Corporation (NASDAQ:MEOH), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. Methanex Corporation has $60 highest and $27 lowest target. $43.70’s average target is -9.80% below currents $48.45 stock price. Methanex Corporation had 40 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Methanex Corporation (USA) (NASDAQ:MEOH) has “Strong Buy” rating given on Tuesday, May 17 by Raymond James. Cowen & Co maintained Methanex Corporation (USA) (NASDAQ:MEOH) on Wednesday, September 9 with “Outperform” rating. Cowen & Co maintained the shares of MEOH in report on Wednesday, November 30 with “Outperform” rating. The stock of Methanex Corporation (USA) (NASDAQ:MEOH) has “Mkt Perform” rating given on Monday, December 14 by Raymond James. The stock of Methanex Corporation (USA) (NASDAQ:MEOH) earned “Buy” rating by Jefferies on Wednesday, August 5. RBC Capital Markets maintained it with “Sector Perform” rating and $57 target in Friday, January 27 report. The stock has “Buy” rating by Cowen & Co on Tuesday, November 24. On Friday, July 29 the stock rating was upgraded by TD Securities to “Buy”. Cowen & Co maintained Methanex Corporation (USA) (NASDAQ:MEOH) on Wednesday, December 28 with “Outperform” rating. The rating was upgraded by Raymond James on Friday, February 24 to “Outperform”.

Among 7 analysts covering Hudbay Minerals Inc (TSE:HBM), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hudbay Minerals Inc has $15 highest and $4.25 lowest target. $10.25’s average target is 9.39% above currents $9.37 stock price. Hudbay Minerals Inc had 50 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, October 25 by RBC Capital Markets. The rating was maintained by Scotia Capital with “Outperform” on Friday, July 29. The stock of Hudbay Minerals Inc (TSE:HBM) earned “Sector Perform” rating by RBC Capital Markets on Friday, April 29. The stock of Hudbay Minerals Inc (TSE:HBM) has “Outperform” rating given on Tuesday, December 13 by Scotia Capital. On Friday, January 13 the stock rating was upgraded by National Bank Canada to “Outperform”. The firm has “Outperform” rating given on Monday, May 16 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, November 3 by TD Securities. The firm earned “Outperform” rating on Wednesday, January 18 by RBC Capital Markets. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, January 14. The company was maintained on Monday, December 14 by RBC Capital Markets. See Hudbay Minerals Inc (TSE:HBM) latest ratings:

08/02/2017 Broker: TD Securities Rating: Buy Old Target: $13.00 New Target: $15.00 Target Up
23/01/2017 Broker: Barclays Capital Rating: Old Target: $9.00 New Target: $10.00 Target Up
18/01/2017 Broker: Scotia Capital Rating: Focus Stock Old Target: $12.00 New Target: $12.25 Target Up
18/01/2017 Broker: TD Securities Rating: Buy Old Target: $13.50 New Target: $13.00 Target Down
18/01/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $12.00 Maintain
13/01/2017 Broker: National Bank Canada Old Rating: Sector Perform New Rating: Outperform Upgrade
10/01/2017 Broker: Barclays Capital Old Rating: Underweight New Rating: Equal-Weight Old Target: $7.00 New Target: $9.00 Upgrade
13/12/2016 Broker: Scotia Capital Rating: Outperform New Target: $8.75 Maintain
22/11/2016 Broker: IBC Rating: Old Target: $7.50 New Target: $8.00 Target Up
22/11/2016 Broker: Scotia Capital Rating: Outperform Old Target: $7.75 New Target: $8.75 Target Up

Hudbay Minerals Inc is a Canada-based mining company. The company has market cap of $2.22 billion. The Firm is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. It currently has negative earnings. The Firm is focused on the discovery, production and marketing of base and precious metals.

About 1.15 million shares traded. Hudbay Minerals Inc (TSE:HBM) has risen 47.28% since August 22, 2016 and is uptrending. It has outperformed by 39.22% the S&P500.

About 847,726 shares traded. Methanex Corporation (USA) (NASDAQ:MEOH) has risen 56.65% since August 22, 2016 and is uptrending. It has outperformed by 48.59% the S&P500.

Analysts await Methanex Corporation (USA) (NASDAQ:MEOH) to report earnings on April, 26. They expect $1.23 earnings per share, up 573.08% or $1.49 from last year’s $-0.26 per share. MEOH’s profit will be $110.18 million for 9.85 P/E if the $1.23 EPS becomes a reality. After $0.28 actual earnings per share reported by Methanex Corporation (USA) for the previous quarter, Wall Street now forecasts 339.29% EPS growth.

Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The company has market cap of $4.34 billion. The Firm operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. It currently has negative earnings. The Company’s global activities are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers.