Coca Cola Femsa S.A.B. de C.V. – Consensus Indicates Potential -2.4% Downside

Broker Ratings
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Coca Cola Femsa S.A.B. de C.V. with ticker code (KOF) now have 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 80.2 and 60 calculating the mean target price we have 70.47. Now with the previous closing price of 72.18 this now indicates there is a potential downside of -2.4%. The 50 day moving average now sits at 67.75 and the 200 moving average now moves to 60.67. The company has a market cap of $15,238m. You can visit the company’s website by visiting: https://www.coca-colafemsa.com

The potential market cap would be $14,877m based on the market concensus.

Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beveragesluding colas and flavored sparkling beverages; and waters and other beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks. It provides a portfolio of products through retail outlets, such as wholesale supermarkets, discount stores, and convenience stores; retailers, such as restaurants and bars, as well as stadiums, auditoriums, and theaters; points-of-sale outlets; and home delivery, supermarkets, and other locations. In addition, the company distributes and sells Heineken beer products in its Brazilian territories. It operates in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company was founded in 1979 and is headquartered in Mexico City, Mexico. Coca-Cola FEMSA, S.A.B. de C.V. is a subsidiary of Fomento Economico Mexicano, S.A.B. de C.V.

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