Fomento Economico Mexicano, S.A.B. de C.V. (FMX) recently saw its shares traded at $107.60, surpassing the average 12-month analyst target price of $107.56. This change prompts analysts to reassess their valuations, potentially leading to either downgrades or increased target prices based on the company’s performance.
Currently, 9 analysts have varying target estimates for FMX, ranging from $97.00 to $132.00, with a standard deviation of $11.046. The majority of analysts rate FMX with an average score of 2.0, indicating a “hold” position, with 5 “strong buy” ratings and 5 “hold” ratings, while no analysts recommend selling.
