Coca-Cola FEMSA, S.A.B. de C.V. Given “Neutral” Rating at JPMorgan Chase & Co. (KOF)
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)‘s stock had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday. They currently have a $140.00 price objective on the stock, up from their previous price objective of $105.00. JPMorgan Chase & Co.’s target price would indicate a potential upside of 20.09% from the stock’s previous close.
A number of other analysts have also recently weighed in on KOF. Analysts at TheStreet upgraded shares of Coca-Cola FEMSA, S.A.B. de C.V. from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd. Separately, analysts at Zacks upgraded shares of Coca-Cola FEMSA, S.A.B. de C.V. from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $108.20 price target on the stock. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $133.05.
Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) traded down 0.73% on Tuesday, hitting $115.73. The stock had a trading volume of 56,121 shares. Coca-Cola FEMSA, S.A.B. de C.V. has a 52 week low of $92.64 and a 52 week high of $149.66. The stock’s 50-day moving average is $114.5 and its 200-day moving average is $110.3. The company has a market cap of $23.990 billion and a P/E ratio of 27.13.
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.02. On average, analysts predict that Coca-Cola FEMSA, S.A.B. de C.V. will post $4.81 earnings per share for the current fiscal year.
Coca-Cola Femsa SAB de CV (NYSE:KOF) is a Mexico-based producer and distributer of beverages, bottled water, juices, teas, isotonics and beer.
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