Coca-Cola FEMSA SAB (KOF) Stock Price Up 2.6%
Coca-Cola FEMSA SAB (NYSE:KOF)’s share price rose 2.6% during trading on Thursday . The stock traded as high as $78.86 and last traded at $78.21, with a volume of 85,006 shares changing hands. The stock had previously closed at $76.24.
KOF has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Coca-Cola FEMSA SAB from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th. JPMorgan Chase & Co. upped their price target on shares of Coca-Cola FEMSA SAB from $82.00 to $89.00 and gave the company a “neutral” rating in a report on Friday, June 3rd. Finally, Citigroup Inc. downgraded shares of Coca-Cola FEMSA SAB from a “neutral” rating to a “sell” rating and cut their price target for the company from $76.50 to $73.00 in a report on Sunday, July 24th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $96.00.
The company has a market cap of $16.29 billion and a price-to-earnings ratio of 31.34. The company has a 50-day moving average price of $80.03 and a 200 day moving average price of $77.98.
Coca-Cola FEMSA SAB (NYSE:KOF) last announced its earnings results on Wednesday, July 27th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by $0.71. Analysts anticipate that Coca-Cola FEMSA SAB will post $3.18 earnings per share for the current fiscal year.
Coca-Cola FEMSA, SAB. de C.V. is a beverage company. The Company produces and distributes Coca-Cola, Fanta, Sprite, del Valle and other beverages of The Coca-Cola Company. Its operating segments include Mexico and Central America division, which includes Mexico, Guatemala, Nicaragua, Costa Rica and Panama, and the South America division, which includes Brazil, Argentina, Colombia and Venezuela.
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