This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
HSBC Sticks to Their Buy Rating for Fomento Economico Mexicano (FMX)
HSBC analyst Carlos Laboy maintained a Buy rating on Fomento Economico Mexicano today and set a price target of $112.00. The company’s shares closed yesterday at $87.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Laboy is an analyst with an average return of -6.6% and a 43.75% success rate.
Currently, the analyst consensus on Fomento Economico Mexicano is a Moderate Buy with an average price target of $106.43.
The company has a one-year high of $109.14 and a one-year low of $81.08. Currently, Fomento Economico Mexicano has an average volume of 761K.
Read More on FMX:
Disclaimer & DisclosureReport an Issue
- Palo Alto upgraded, Li Auto downgraded: Wall Street’s top analyst calls
- Femsa downgraded to Equal Weight from Overweight at Morgan Stanley
- FEMSA Supports BradyPLUS and Imperial Dade Merger
- Femsa price target lowered to $107 from $110 at Barclays
- FEMSA Earnings Call: Mixed Outlook Amid Growth and Challenges
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
