In recent trading, shares of Fomento Economico Mexicano, S.A.B. de C.V. (FMX) reached $132.15, surpassing the average 12-month analyst target price of $130.70. This milestone prompts analysts to reconsider their valuations, with targets varying from a low of $112.00 to a high of $150.00, and a standard deviation of $11.48 across ten analysts.
Currently, FMX holds five “Strong Buy” ratings and four “Hold” ratings. The average rating sits at 1.89 on a scale where 1 is “Strong Buy” and 5 is “Strong Sell.”
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