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

  • Consensus Rating: Buy
  • Consensus Price Target: $112.50
  • Forecasted Upside: 34.25 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$83.80
▲ +1.35 (1.64%)

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Analyst Price Target for FMX

Analyst Price Target is $112.50
▲ +34.25% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Fomento Económico Mexicano in the last 3 months. The average price target is $112.50, with a high forecast of $200.00 and a low forecast of $75.00. The average price target represents a 34.25% upside from the last price of $83.80.

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 4 investment analysts is to buy stock in Fomento Económico Mexicano. This rating has held steady since April 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
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/21/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
11/22/2016Stifel NicolausInitiated CoverageBuyN/A
7/19/2016BarclaysReiterated RatingBuy$110.00N/A
(Data available from 6/21/2016 forward)
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, including low-sugar or sugar-free carbonated beverages; refreshing juices, nectars, and fruit-based drinks; purified, and carbonated and flavored water; coffees, teas, and sports and energy drinks; and dairy products and products based on vegetable protein. It also operates small-box retail chain stores in Mexico, Colombia, Peru, the United States, 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 coolers, commercial refrigeration equipment, and plastic cases; food processing, preservation, and weighing equipment; and provision of logistic transportation and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2020, it operated 19,566 OXXO small-format stores; 3,368 drugstores; and 558 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.
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Today's Range

Now: $83.80
Low: $82.13
High: $83.81

50 Day Range

MA: $81.82
Low: $77.50
High: $86.55

52 Week Range

Now: $83.80
Low: $52.91
High: $86.86

Volume

307,350 shs

Average Volume

461,321 shs

Market Capitalization

$29.99 billion

P/E Ratio

N/A

Dividend Yield

0.68%

Beta

1.06

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, and Zacks Investment Research.
View the latest analyst ratings for FMX.

What is the current price target for Fomento Económico Mexicano?

4 Wall Street analysts have set twelve-month price targets for Fomento Económico Mexicano in the last year. Their average twelve-month price target is $112.50, suggesting a possible upside of 36.4%. 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 $75.00 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 2 hold ratings and 2 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 52-81-8328-6167 and its investor relations email address is [email protected] The official website for Fomento Económico Mexicano is www.femsa.com.