RBC Capital analyst Nelson Ng lowered the firm's price target on Methanex to $65 from $70 and keeps a Sector Perform rating on the shares. With Iran tensions easing and shipping gradually resuming through the Strait of Hormuz, methanol prices and EBITDA are expected to have peaked in Q2 and then gradually normalize through the second half of 2026 into early 2027, the analyst tells investors in a research note.
