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Analysts Offer Insights on Consumer Goods Companies: Grupo Bimbo SAB de CV (OtherGRBMF), Clene (CLNN) and Fomento Economico Mexicano (FMX)

Tipranks - Wed May 6, 1:32PM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Grupo Bimbo SAB de CV (GRBMF), Clene (CLNN) and Fomento Economico Mexicano (FMX).

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Grupo Bimbo SAB de CV (GRBMF)

In a report released yesterday, Benjamin Theurer from Barclays maintained a Buy rating on Grupo Bimbo SAB de CV, with a price target of peso75.00. The company’s shares closed last Tuesday at $3.31.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.5% and a 53.8% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

Grupo Bimbo SAB de CV has an analyst consensus of Moderate Buy, with a price target consensus of $4.28.

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Clene (CLNN)

Roth MKM analyst Jonathan Aschoff maintained a Buy rating on Clene today and set a price target of $30.00. The company’s shares closed last Tuesday at $6.68.

According to TipRanks.com, Aschoff ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -20.2% and a 29.7% success rate. Aschoff covers the Healthcare sector, focusing on stocks such as Creative Medical Technology Holdings, BioRestorative Therapies, and Revelation Biosciences. ;'>

Clene has an analyst consensus of Strong Buy, with a price target consensus of $31.80, implying a 336.2% upside from current levels. In a report released yesterday, H.C. Wainwright also maintained a Buy rating on the stock with a $31.00 price target.

Fomento Economico Mexicano (FMX)

In a report issued on April 30, Robert Ford from Bank of America Securities reiterated a Hold rating on Fomento Economico Mexicano, with a price target of $125.00. The company’s shares closed last Tuesday at $120.87.

According to TipRanks.com, Ford is ranked #2806 out of 12228 analysts.

Fomento Economico Mexicano has an analyst consensus of Moderate Buy, with a price target consensus of $124.50, which is a 4.1% upside from current levels. In a report released yesterday, TipRanks – OpenAI also downgraded the stock to Hold with a $129.00 price target.

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