Coca-Cola FEMSA SAB (KOF) Stock Price Up 3.5%
Coca-Cola FEMSA SAB (NYSE:KOF)’s share price rose 3.5% during mid-day trading on Thursday . The company traded as high as $81.36 and last traded at $80.53, with a volume of 132,342 shares. The stock had previously closed at $77.79.
KOF has been the topic of a number of research reports. Zacks Investment Research raised shares of Coca-Cola FEMSA SAB from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research report on Friday, July 29th. JPMorgan Chase & Co. boosted their target price on shares of Coca-Cola FEMSA SAB from $82.00 to $89.00 and gave the stock a “neutral” rating in a research report on Friday, June 3rd. Finally, Citigroup Inc. lowered shares of Coca-Cola FEMSA SAB from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $76.50 to $73.00 in a research report on Sunday, July 24th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $96.00.
The stock has a market cap of $16.73 billion and a price-to-earnings ratio of 32.41. The firm has a 50 day moving average of $79.28 and a 200-day moving average of $78.58.
Coca-Cola FEMSA SAB (NYSE:KOF) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.76 by $0.71. On average, equities research analysts expect that Coca-Cola FEMSA SAB will post $3.79 earnings per share for the current year.
Coca-Cola FEMSA, SAB. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.