Analysts Set Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Price Target at $104.00

Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF - Get Free Report) have received a consensus recommendation of "Buy" from the six analysts that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have covered the stock in the last year is $104.00.

Several brokerages recently weighed in on KOF. StockNews.com cut shares of Coca-Cola FEMSA from a "strong-buy" rating to a "buy" rating in a research report on Wednesday. Barclays raised their target price on Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th.

Institutional Trading of Coca-Cola FEMSA

A number of hedge funds have recently bought and sold shares of KOF. TD Private Client Wealth LLC grew its position in shares of Coca-Cola FEMSA by 5.0% during the 4th quarter. TD Private Client Wealth LLC now owns 3,257 shares of the company's stock valued at $254,000 after acquiring an additional 155 shares during the period. Kathmere Capital Management LLC increased its holdings in Coca-Cola FEMSA by 3.0% in the 4th quarter. Kathmere Capital Management LLC now owns 7,003 shares of the company's stock worth $545,000 after acquiring an additional 206 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in Coca-Cola FEMSA by 1.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,976 shares of the company's stock valued at $933,000 after purchasing an additional 212 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in Coca-Cola FEMSA by 7.1% during the fourth quarter. Park Avenue Securities LLC now owns 3,493 shares of the company's stock valued at $272,000 after purchasing an additional 233 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Coca-Cola FEMSA in the fourth quarter worth about $29,000.

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Coca-Cola FEMSA Stock Up 1.1 %

NYSE:KOF traded up $0.99 on Friday, hitting $94.70. The stock had a trading volume of 49,060 shares, compared to its average volume of 171,914. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 0.47. Coca-Cola FEMSA has a 52 week low of $72.68 and a 52 week high of $102.28. The business's fifty day moving average is $84.83 and its 200 day moving average is $83.20. The company has a market cap of $159.16 billion, a PE ratio of 16.08, a P/E/G ratio of 0.62 and a beta of 0.79.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last announced its quarterly earnings results on Friday, February 21st. The company reported $1.73 EPS for the quarter, beating analysts' consensus estimates of $1.51 by $0.22. Coca-Cola FEMSA had a net margin of 8.12% and a return on equity of 15.99%. The business had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.49 billion. On average, equities research analysts expect that Coca-Cola FEMSA will post 5.7 EPS for the current fiscal year.

Coca-Cola FEMSA Company Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.