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FOMENTO ECONOMICO MEX-SP ADR (FMX)

US3444191064 - ADR

124.75  +1.33 (+1.08%)

After market: 124.75 0 (0%)

Buy % Consensus

83

ChartMill assigns a Buy % Consensus number of 83% to FMX. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 115.7. This target is -7.25% below the current price.
FMX was analyzed by 23 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about FMX.
In the previous month the buy percentage consensus was at a similar level.
FMX was analyzed by 23 analysts, which is quite many. So the average rating should be quite meaningful.

Price Target & Forecast

Price Low Median Mean High 124.75112.14115.70115.70123.22 - -10.11% -7.26% -7.25% -1.22%
Up and Down Grades
Date Firm Action Rating
2023-11-07 Itau BBA Downgrade Outperform -> Market Perform
2023-10-30 Barclays Upgrade Equal-Weight -> Overweight
2023-08-25 HSBC Maintains Hold -> Hold
2023-08-17 Citigroup Maintains Buy -> Buy
2023-06-07 HSBC Upgrade Reduce -> Hold
2023-05-03 Barclays Maintains Equal-Weight
2023-04-18 Barclays Maintains Equal-Weight
2023-03-27 Morgan Stanley Maintains Overweight
2023-02-17 HSBC Maintains Reduce
2022-11-16 Barclays Maintains Overweight
2022-11-16 Goldman Sachs Maintains Buy
2022-08-04 Goldman Sachs Maintains Buy
2022-02-01 UBS Downgrade Buy -> Neutral
2021-11-24 Morgan Stanley Upgrade Equal-Weight -> Overweight
2021-11-22 Barclays Upgrade Equal-Weight -> Overweight