Brokerages Set Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) Price Target at $111.60

Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) has received a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $111.60.

KOF has been the subject of several recent research reports. Bradesco Corretora raised shares of Coca Cola Femsa to an “outperform” rating and set a $124.00 price target for the company in a research report on Wednesday, February 11th. Barclays lifted their price objective on Coca Cola Femsa from $110.00 to $112.00 and gave the company an “equal weight” rating in a report on Tuesday, March 3rd. Bank of America reiterated a “buy” rating on shares of Coca Cola Femsa in a research note on Monday, March 2nd. Wall Street Zen raised Coca Cola Femsa from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Coca Cola Femsa in a research report on Friday, December 26th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC lifted its holdings in Coca Cola Femsa by 19.1% in the fourth quarter. Parallel Advisors LLC now owns 616 shares of the company’s stock valued at $58,000 after buying an additional 99 shares during the period. Signaturefd LLC grew its holdings in Coca Cola Femsa by 22.7% during the 4th quarter. Signaturefd LLC now owns 708 shares of the company’s stock worth $67,000 after acquiring an additional 131 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Coca Cola Femsa by 14.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,058 shares of the company’s stock valued at $88,000 after acquiring an additional 135 shares during the last quarter. D Orazio & Associates Inc. lifted its stake in shares of Coca Cola Femsa by 5.3% in the 2nd quarter. D Orazio & Associates Inc. now owns 2,747 shares of the company’s stock valued at $266,000 after purchasing an additional 138 shares during the period. Finally, Ethic Inc. lifted its stake in shares of Coca Cola Femsa by 3.1% in the 3rd quarter. Ethic Inc. now owns 4,847 shares of the company’s stock valued at $403,000 after purchasing an additional 148 shares during the period.

Coca Cola Femsa Stock Down 2.6%

KOF opened at $94.49 on Friday. The company has a market capitalization of $158.80 billion, a P/E ratio of 15.85, a P/E/G ratio of 1.04 and a beta of 0.49. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.12 and a quick ratio of 0.91. The firm’s fifty day moving average price is $105.54 and its two-hundred day moving average price is $94.06. Coca Cola Femsa has a fifty-two week low of $80.22 and a fifty-two week high of $116.36.

Coca Cola Femsa (NYSE:KOF) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.04). The business had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.42 billion. Coca Cola Femsa had a net margin of 8.18% and a return on equity of 15.97%. On average, analysts anticipate that Coca Cola Femsa will post 5.7 EPS for the current year.

Coca Cola Femsa Company Profile

Coca‑Cola FEMSA (NYSE: KOF) is a large multinational beverage bottler and distributor operating primarily in Mexico and across multiple markets in Latin America. As a principal franchise bottler for The Coca‑Cola Company, the firm is responsible for producing, packaging, marketing and distributing Coca‑Cola branded beverages and a wide range of nonalcoholic drinks to retail and foodservice customers throughout its territories.

The company’s product portfolio includes carbonated soft drinks, bottled water, juices, ready‑to‑drink teas and coffees, sports and energy drinks, and other noncarbonated beverages.