Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Methanex ( (TSE:MX) ) has issued an announcement.
On June 27, 2025, Methanex Corporation completed its acquisition of OCI Global’s international methanol business, a move first announced in September 2024. This strategic acquisition includes interests in two methanol facilities in Texas, a low-carbon methanol business, and an idled facility in the Netherlands, with a total transaction value of approximately $1.2 billion in cash, shares, and assumed debt. This acquisition is expected to enhance Methanex’s market position by expanding its production capabilities and integrating new operations, which could have significant implications for its stakeholders.
The most recent analyst rating on (TSE:MX) stock is a Buy with a C$60.00 price target. To see the full list of analyst forecasts on Methanex stock, see the TSE:MX Stock Forecast page.
Spark’s Take on TSE:MX Stock
According to Spark, TipRanks’ AI Analyst, TSE:MX is a Outperform.
The overall stock score of 72 reflects Methanex’s strong financial performance and reasonable valuation, which are bolstered by positive earnings call outcomes. The technical analysis presents a neutral stance, with no major bullish or bearish indicators. While challenges exist with production and pricing, the company’s strategic focus on operational efficiency and acquisitions provides a robust outlook.
To see Spark’s full report on TSE:MX stock, click here.
More about Methanex
Methanex Corporation is a Vancouver-based, publicly traded company and is the world’s largest producer and supplier of methanol globally. Its shares are listed on the Toronto Stock Exchange in Canada under the symbol ‘MX’ and on the Nasdaq Stock Market in the United States under the symbol ‘MEOH’.
Average Trading Volume: 252,502
Technical Sentiment Signal: Sell
Current Market Cap: C$3.12B
For an in-depth examination of MX stock, go to TipRanks’ Overview page.