In 2018Q4 Securities and Exchange filling is reported Prudential Plc’s stake in Methanex Corp (MEOH) which was decreased by 2.36%. The company’s stock rose 12.13% with the market as Prudential Plc sold 308,095 shares. The major chemicals company reported $614.56M value for the 2018Q4. Now the hedge fund is holding 12.76 million shares, compared to the 13.07M from the previous quarter. Methanex Corp has $4.38 billion market cap. Ticker’s shares touched $56.31 during the last trading session after 1.02% change.Methanex Corporation has volume of 70,496 shares. Since March 27, 2018 MEOH has risen 12.52% and is uptrending. MEOH outperformed the S&P500 by 8.15%.

About $98.23B and $25.34B US Long portfolio Prudential Plc operates. It rose its stake in Vanguard Long (VCLT) by 139,997 shares to 546,440 shares, valued at $46.55 million in 2018Q4, according to the filing. For a total of 11.08 million shares it increased its holding in Ishares Msci Emergin (EEM) by 10.66 million shares in the quarter, and has risen its stake in Terex Corp (NYSE:TEX).

Methanex Corporation (NASDAQ:MEOH)’s earnings report is anticipated by WallStreet on April, 24, according to RTT. Analysts forecast 51.23 % diference or $0.99 from the $2.03 EPS from 2018. If earnings per share of $0.99 is announced the profit of MEOH could reach $76.99 million giving it 14.22 P/E. Analysts at Wall Street see Methanex Corporation’s -13.91 % negative EPS growth compared to $1.15 earnings per share for last quarter.

For more Methanex Corporation (NASDAQ:MEOH) news posted briefly go to: Fool.ca, Nasdaq.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “2 Undervalued Stocks That Are Starting to Rally – The Motley Fool Canada” posted on March 24, 2019, “Methanex’s (MEOH) Board Approves 5% Share Buyback Program – Nasdaq” on March 13, 2019, “Methanex Issues Statement Regarding Shareholder Director Nominations – Nasdaq” with a publish date: March 25, 2019, “Methanex Corporation (MEOH) Ex-Dividend Date Scheduled for September 13, 2018 – Nasdaq” and the last “Energy Sector Update for 10/29/2018: MNGA,MEOH,NOV,OIS – Nasdaq” with publication date: October 29, 2018.

Methanex Corporation (NASDAQ:MEOH) Ratings Coverage

In total 6 analysts cover Methanex (NASDAQ:MEOH). “Buy” rating has 2, “Sell” are 0, while 4 are “Hold”. (NASDAQ:MEOH) has 33% bullish analysts. 7 are the (NASDAQ:MEOH)’s ratings reports on Mar 27, 2019 according to StockzIntelligence Inc. On Monday, March 4 the rating was maintained by BMO Capital Markets with “Buy”. In Friday, February 1 report Tudor Pickering downgraded the stock to “Hold” rating. On Monday, October 29 Citigroup maintained Methanex Corporation (NASDAQ:MEOH) rating. Citigroup has “Neutral” rating and $72 target. On Friday, October 26 the rating was upgraded by TD Securities to “Buy”. On Thursday, October 11 the firm has “Neutral” rating by Citigroup given. On Friday, December 7 the firm earned “Hold” rating by Jefferies.