Barclays analyst Benjamin Theurer maintains $Coca-Cola FEMSA (KOF.US)$ with a buy rating, and adjusts the target price from $110 to $108.
According to TipRanks data, the analyst has a success rate of 52.4% and a total average return of 4.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Coca-Cola FEMSA (KOF.US)$'s main analysts recently are as follows:
Following Q3 earnings, expectations for the broader Mexican consumer sector have been moderated, influenced by the outcomes and a revised country risk premium. Optimism remains for beverage demand, while there is a note of caution regarding currency pressures in South America and discretionary spending.
Coca-Cola Femsa has maintained a solid operational performance in 2024, propelled by growth in Brazil and Mexico, and has delivered the most robust results among Mexican consumer brands for the third quarter earnings. The company is noted for its promising momentum as it heads into 2025.
Note:
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