Fomento Económico Mexicano - FMX Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $84.71
  • Forecasted Upside: 35.00 %
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$62.75
▲ +1.45 (2.37%)

This chart shows the closing price for FMX by one month, three months, or twelve months.

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Analyst Price Target for FMX

Analyst Price Target is $84.71
▲ +35.00% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Fomento Económico Mexicano in the last 3 months. The average price target is $84.71, with a high forecast of $92.00 and a low forecast of $68.00. The average price target represents a 35.00% upside from the last price of $62.75.

This chart shows the closing price for FMX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 7 investment analysts is to buy stock in Fomento Económico Mexicano. This rating has held steady since May 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/9/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/8/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/6/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/4/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
4/4/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
7/3/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
10/1/2022

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/4/2022The Goldman Sachs GroupLower TargetBuy$104.00 ➝ $89.00Low
7/29/2022BarclaysLower Target$92.00 ➝ $78.00Low
6/1/2022Bradesco CorretoraUpgradeNeutral ➝ Outperform$90.00Medium
6/1/2022FIG PartnersUpgradeNeutral ➝ Outperform$90.00Medium
5/5/2022HSBCDowngradeHold ➝ Reduce$68.00Medium
2/1/2022UBS GroupDowngradeBuy ➝ Neutral$105.00 ➝ $86.00Low
1/20/2022HSBCDowngradeBuy ➝ Hold$95.00Low
11/24/2021Morgan StanleyUpgradeEqual Weight ➝ Overweight$90.00 ➝ $92.00Low
11/22/2021BarclaysUpgradeEqual Weight ➝ Overweight$90.00Low
8/13/2021The Goldman Sachs GroupInitiated CoverageBuy$106.00Low
8/3/2021BarclaysBoost TargetEqual Weight$80.00 ➝ $90.00Medium
4/5/2021Itau BBA SecuritiesUpgradeMarket Perform ➝ Outperform$99.00Medium
3/15/2021Bank of AmericaUpgradeUnderperform ➝ Buy$135.00 ➝ $200.00N/A
3/9/2021Bank of AmericaUpgradeUnderperform ➝ BuyLow
1/19/2021BarclaysDowngradeOverweight ➝ Equal Weight$70.00 ➝ $75.00Medium
12/3/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$76.00Medium
11/30/2020Itau BBA SecuritiesDowngradeOutperform ➝ Market PerformHigh
5/4/2020Bank of AmericaDowngradeNeutral ➝ UnderperformMedium
4/9/2020BarclaysReiterated RatingBuy$70.00Low
1/7/2020CitigroupUpgradeNeutral ➝ Buy$112.00Low
9/26/2019ScotiabankDowngradeOutperform ➝ Sector PerformMedium
2/25/2019SantanderDowngradeHold ➝ UnderperformLow
1/24/2019BarclaysReiterated RatingBuy$100.00Low
10/1/2018UBS GroupUpgradeNeutral ➝ BuyMedium
8/6/2018JPMorgan Chase & Co.Initiated CoverageOverweightLow
7/30/2018GabelliReiterated RatingBuyLow
12/20/2017Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
10/11/2017BarclaysLower TargetOverweight$115.00 ➝ $114.00N/A
10/2/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$98.00 ➝ $117.00Low
(Data available from 10/1/2017 forward)

News Sentiment Rating

1.21 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/5/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/4/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/4/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/3/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/3/2022
  • 12 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
8/2/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
9/1/2022
  • 7 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/1/2022

Current Sentiment

  • 7 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Fomento Económico Mexicano logo
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.
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Today's Range

Now: $62.75
Low: $60.89
High: $62.86

50 Day Range

MA: $63.66
Low: $59.08
High: $68.27

52 Week Range

Now: $62.75
Low: $58.73
High: $87.09

Volume

845,476 shs

Average Volume

555,821 shs

Market Capitalization

$22.45 billion

P/E Ratio

13.64

Dividend Yield

2.69%

Beta

0.92

Frequently Asked Questions

What sell-side analysts currently cover shares of Fomento Económico Mexicano?

The following Wall Street sell-side analysts have issued research reports on Fomento Económico Mexicano in the last year: Barclays PLC, Bradesco Corretora, FIG Partners, HSBC Holdings plc, Morgan Stanley, StockNews.com, The Goldman Sachs Group, Inc., and UBS Group AG.
View the latest analyst ratings for FMX.

What is the current price target for Fomento Económico Mexicano?

7 Wall Street analysts have set twelve-month price targets for Fomento Económico Mexicano in the last year. Their average twelve-month price target is $84.71, suggesting a possible upside of 35.0%. Morgan Stanley has the highest price target set, predicting FMX will reach $92.00 in the next twelve months. HSBC Holdings plc has the lowest price target set, forecasting a price of $68.00 for Fomento Económico Mexicano in the next year.
View the latest price targets for FMX.

What is the current consensus analyst rating for Fomento Económico Mexicano?

Fomento Económico Mexicano currently has 1 sell rating, 1 hold rating and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FMX will outperform the market and that investors should add to their positions of Fomento Económico Mexicano.
View the latest ratings for FMX.

What other companies compete with Fomento Económico Mexicano?

How do I contact Fomento Económico Mexicano's investor relations team?

Fomento Económico Mexicano's physical mailing address is GENE COLONIA BELLA VISTARAL ANAYA NO 601 PTE, MONTERREY N.L. O5, 64410. The company's listed phone number is 528183286000 and its investor relations email address is [email protected] The official website for Fomento Económico Mexicano is www.femsa.com. Learn More about contacing Fomento Económico Mexicano investor relations.