| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/07/2023 | 4.99% | Itau BBA | → $127 | Downgrades | Outperform → Market Perform |
| 10/30/2023 | 7.47% | Barclays | $115 → $130 | Upgrades | Equal-Weight → Overweight |
| 08/25/2023 | 2.51% | HSBC | $112 → $124 | Maintains | Hold |
| 08/17/2023 | 11.61% | Citigroup | $125 → $135 | Maintains | Buy |
| 06/07/2023 | -7.41% | HSBC | $84 → $112 | Upgrades | Reduce → Hold |
| 05/03/2023 | -13.19% | Barclays | $103 → $105 | Maintains | Equal-Weight |
| 04/18/2023 | -14.85% | Barclays | $100 → $103 | Maintains | Equal-Weight |
| 03/27/2023 | -9.06% | Morgan Stanley | $102 → $110 | Maintains | Overweight |
| 02/17/2023 | -36.34% | HSBC | $58 → $77 | Maintains | Reduce |
| 11/16/2022 | -9.72% | Goldman Sachs | $95.6 → $109.2 | Maintains | Buy |
| 11/16/2022 | -29.73% | Barclays | $78 → $85 | Maintains | Overweight |
| 08/04/2022 | -26.42% | Goldman Sachs | $104 → $89 | Maintains | Buy |
| 02/01/2022 | -28.9% | UBS | $105 → $86 | Downgrades | Buy → Neutral |
| 11/24/2021 | -23.94% | Morgan Stanley | $90 → $92 | Upgrades | Equal-Weight → Overweight |
| 11/22/2021 | -25.6% | Barclays | → $90 | Upgrades | Equal-Weight → Overweight |
| 08/03/2021 | -25.6% | Barclays | $80 → $90 | Maintains | Equal-Weight |
| 04/05/2021 | -18.15% | Itau BBA | → $99 | Upgrades | Market Perform → Outperform |
| 03/09/2021 | 65.34% | B of A Securities | $135 → $200 | Upgrades | Underperform → Buy |
| 12/03/2020 | -37.17% | Morgan Stanley | → $76 | Downgrades | Overweight → Equal-Weight |
| 11/30/2020 | — | Itau BBA | Downgrades | Outperform → Market Perform | |
| 01/07/2020 | -7.41% | Citigroup | → $112 | Upgrades | Neutral → Buy |
What is the target price for Fomento Economico (FMX)?
The latest price target for Fomento Economico (NYSE: FMX) was reported by Itau BBA on November 7, 2023. The analyst firm set a price target for $127.00 expecting FMX to rise to within 12 months (a possible 4.99% upside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Fomento Economico (FMX)?
The latest analyst rating for Fomento Economico (NYSE: FMX) was provided by Itau BBA, and Fomento Economico downgraded their market perform rating.
When is the next analyst rating going to be posted or updated for Fomento Economico (FMX)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fomento Economico, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fomento Economico was filed on November 7, 2023 so you should expect the next rating to be made available sometime around November 7, 2024.
Is the Analyst Rating Fomento Economico (FMX) correct?
While ratings are subjective and will change, the latest Fomento Economico (FMX) rating was a downgraded with a price target of $0.00 to $127.00. The current price Fomento Economico (FMX) is trading at is $120.96, which is within the analyst's predicted range.