Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF)‘s stock had its “buy” rating reaffirmed by analysts at Barclays PLC in a report released on Saturday. They currently have a $72.00 price target on the stock, down from their prior price target of $86.00. Barclays PLC’s price target suggests a potential upside of 18.93% from the stock’s previous close.

Several other equities research analysts have also recently commented on the company. Zacks Investment Research cut Coca Cola Femsa S.A.B. de C.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 11th. Citigroup Inc. reaffirmed a “neutral” rating on shares of Coca Cola Femsa S.A.B. de C.V. in a research note on Saturday, October 29th. Finally, Credit Suisse Group reaffirmed a “buy” rating on shares of Coca Cola Femsa S.A.B. de C.V. in a research note on Thursday, October 27th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $89.00.

Analyst Recommendations for Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF)

Shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) traded up 0.1855% during midday trading on Friday, hitting $60.6523. 50,165 shares of the stock were exchanged. The firm has a 50 day moving average of $63.05 and a 200 day moving average of $73.11. The firm has a market cap of $12.57 billion, a P/E ratio of 27.6825 and a beta of 0.82. Coca Cola Femsa S.A.B. de C.V. has a 12-month low of $59.44 and a 12-month high of $87.58.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. Stevens Capital Management LP bought a new position in Coca Cola Femsa S.A.B. de C.V. during the second quarter worth $210,000. State of New Jersey Common Pension Fund D bought a new position in Coca Cola Femsa S.A.B. de C.V. during the third quarter worth $203,000. Jane Street Group LLC bought a new position in Coca Cola Femsa S.A.B. de C.V. during the third quarter worth $247,000. World Asset Management Inc raised its position in Coca Cola Femsa S.A.B. de C.V. by 8.1% in the third quarter. World Asset Management Inc now owns 3,326 shares of the company’s stock worth $249,000 after buying an additional 249 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its position in Coca Cola Femsa S.A.B. de C.V. by 16.1% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,186 shares of the company’s stock worth $314,000 after buying an additional 582 shares in the last quarter. Institutional investors own 5.71% of the company’s stock.

Coca Cola Femsa S.A.B. de C.V. Company Profile

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.

5 Day Chart for NYSE:KOF

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