Coca-Cola FEMSA (NYSE:KOF) Stock Rating Upgraded by StockNews.com

Coca-Cola FEMSA (NYSE:KOF) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday.

KOF has been the topic of several other research reports. The Goldman Sachs Group upgraded shares of Coca-Cola FEMSA from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Barclays decreased their target price on shares of Coca-Cola FEMSA from $110.00 to $108.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. Citigroup raised shares of Coca-Cola FEMSA from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $93.00 to $102.00 in a research report on Tuesday, October 29th. Finally, UBS Group decreased their target price on shares of Coca-Cola FEMSA from $112.00 to $102.00 and set a “buy” rating for the company in a research report on Wednesday, July 10th. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $103.91.

Coca-Cola FEMSA Trading Up 1.1 %

Coca-Cola FEMSA stock opened at $82.22 on Tuesday. The company has a current ratio of 1.05, a quick ratio of 0.87 and a debt-to-equity ratio of 0.51. The firm’s 50 day moving average price is $86.82 and its two-hundred day moving average price is $89.12. Coca-Cola FEMSA has a twelve month low of $78.35 and a twelve month high of $104.38.

Institutional Trading of Coca-Cola FEMSA

Large investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Coca-Cola FEMSA during the 3rd quarter worth $31,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Coca-Cola FEMSA during the 2nd quarter worth $32,000. Blue Trust Inc. boosted its holdings in shares of Coca-Cola FEMSA by 490.1% during the 2nd quarter. Blue Trust Inc. now owns 478 shares of the company’s stock worth $41,000 after buying an additional 397 shares during the period. Hartford Financial Management Inc. boosted its holdings in shares of Coca-Cola FEMSA by 42.2% during the 3rd quarter. Hartford Financial Management Inc. now owns 472 shares of the company’s stock worth $42,000 after buying an additional 140 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of Coca-Cola FEMSA by 56.2% during the 3rd quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock worth $48,000 after buying an additional 196 shares during the period.

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.