Coca-Cola FEMSA Hits New 52-Week Low at $108.85 (KOF)
Shares of Coca-Cola FEMSA (NYSE:KOF) hit a new 52-week low during trading hours on Tuesday, American Banking News.com reports. The company traded as low as $108.85 and last traded at $110.04, with a volume of 82,219 shares trading hands. The stock had previously closed at $110.66.
KOF has been the subject of a number of recent research reports. Analysts at Barclays cut their price target on shares of Coca-Cola FEMSA from $140.00 to $132.00 in a research note to investors on Thursday, January 9th. They now have an “equal weight” rating on the stock. Separately, analysts at Zacks downgraded shares of Coca-Cola FEMSA from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, December 2nd. They now have a $119.20 price target on the stock. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $139.80.
Coca-Cola FEMSA has a 1-year low of $109.50 and a 1-year high of $181.35. The stock has a 50-day moving average of $118.6 and a 200-day moving average of $127.3. The company has a market cap of $22.817 billion and a P/E ratio of 22.86.
Coca-Cola FEMSA, SAB. de C.V. (NYSE:KOF) is a bottler of Coca-Cola trademark beverages in Latin America.
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