NYSE:FMX - Fomento Económico Mexicano Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $117.40
  • Forecasted Upside: 64.38 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$71.42
▼ -0.09 (-0.13%)

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 $117.40
▲ +64.38% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Fomento Económico Mexicano in the last 3 months. The average price target is $117.40, with a high forecast of $200.00 and a low forecast of $90.00. The average price target represents a 64.38% upside from the last price of $71.42.

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 5 contributing investment analysts is to buy stock in Fomento Económico Mexicano. This rating has held steady since February 2020, 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
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/16/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/14/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/13/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/13/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/11/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/9/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/8/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/8/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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 Price 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 Price TargetOverweight$115.00 ➝ $114.00N/A
10/2/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$98.00 ➝ $117.00Low
9/14/2017Morgan StanleyInitiated CoverageOverweight$120.00Low
7/17/2017GabelliInitiated CoverageBuy$112.00Low
6/13/2017CitigroupDowngradeBuy ➝ NeutralLow
5/1/2017BarclaysLower Price TargetOverweight$106.00 ➝ $92.00Low
1/16/2017BarclaysSet Price TargetBuy$92.00N/A
(Data available from 12/8/2016 forward)

News Sentiment Rating

0.59 (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
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/12/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/11/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/11/2021
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/10/2021
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/9/2021
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/9/2021
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/8/2021
  • 5 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
12/8/2021

Current Sentiment

  • 5 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Fomento Económico Mexicano logo
Fomento Economico Mexicano SAB de CV operates as a holding company, which engages in the production, distribution, and marketing of beverages. The firm also produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages. It operates through the following segments: Coca-Cola FEMSA; FEMSA-Comercio Proximity Division; FEMSA-Comercio Health Division; FEMSA-Comercio Fuel Division; Heineken Investment; and Other Business. The Coca-Cola FEMSA segment produces, markets, sells, and distributes Coca-Cola trademark beverages through standard bottler agreements in the territories where it operates. The FEMSA-Comercio Proximity Division segment operates a chain of small-format stores in Mexico. The FEMSA-Comercio Health Division segment involves drugstores and related operations. The FEMSA-Comercio Fuel Division segment deals with retail service stations for fuels, motor oils, and other car care products. The Heineken Investment segment invests in Heineken and distributes beer in a large number of countries. The Other Business segment involves other companies and corporate activities. The company was founded by Isaac Garza, José Calderón, José A. Mugue
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Today's Range

Now: $71.42
Low: $71.09
High: $71.78

50 Day Range

MA: $79.89
Low: $70.17
High: $87.41

52 Week Range

Now: $71.42
Low: $67.74
High: $89.59

Volume

278,867 shs

Average Volume

443,009 shs

Market Capitalization

$25.56 billion

P/E Ratio

24.46

Dividend Yield

1.54%

Beta

1.08

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: Bank of America Co., Barclays PLC, Itau BBA Securities, Morgan Stanley, The Goldman Sachs Group, Inc., and Zacks Investment Research.
View the latest analyst ratings for FMX.

What is the current price target for Fomento Económico Mexicano?

5 Wall Street analysts have set twelve-month price targets for Fomento Económico Mexicano in the last year. Their average twelve-month price target is $117.40, suggesting a possible upside of 64.2%. Bank of America Co. has the highest price target set, predicting FMX will reach $200.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $90.00 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 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.