Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) Social Stream
MEXICAN ECONOMIC DEVELOPMENT INC (FMX) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering FMX.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-28 | 4 | $112 | $90 | $96.25 | $126.27 | -23.77% |
| 2021-11-22 | 4 | $112 | $90 | $96.25 | $126.27 | -23.77% |
| 2021-12-14 | 4 | $112 | $90 | $96.75 | $126.27 | -23.38% |
| 2022-03-16 | 4 | $112 | $90 | $96.4 | $126.27 | -23.66% |
| 2022-04-22 | 4 | $112 | $89 | $95.6 | $126.27 | -24.29% |
| 2022-05-05 | 4 | $112 | $68 | $90.2 | $126.27 | -28.57% |
| 2022-05-12 | 4 | $112 | $68 | $90.4 | $126.27 | -28.41% |
| 2022-06-14 | 4 | $95 | $68 | $87 | $126.27 | -31.1% |
| 2022-06-17 | 4 | $95 | $68 | $86.4 | $126.27 | -31.58% |
| 2022-07-28 | 3 | $90 | $68 | $82 | $126.27 | -35.06% |
| 2022-07-29 | 3 | $89 | $68 | $79 | $126.27 | -37.44% |
| 2022-09-17 | 4 | $89 | $68 | $81 | $126.27 | -35.85% |
| 2022-10-28 | 5 | $89 | $68 | $81 | $126.27 | -35.85% |
| 2022-11-16 | 6 | $109.2 | $68 | $86.44 | $126.27 | -31.54% |
| 2023-01-26 | 6 | $109.2 | $68 | $87.04 | $126.27 | -31.07% |
| 2023-01-30 | 6 | $109.2 | $68 | $89.64 | $126.27 | -29.01% |
| 2023-02-14 | 6 | $109.2 | $68 | $92.04 | $126.27 | -27.11% |
| 2023-02-17 | 7 | $110 | $68 | $96.033 | $126.27 | -23.95% |
| 2023-03-03 | 7 | $110 | $68 | $98.033 | $126.27 | -22.36% |
| 2023-03-27 | 7 | $110 | $68 | $99.366 | $126.27 | -21.31% |
| 2023-04-18 | 7 | $110 | $68 | $99.866 | $126.27 | -20.91% |
| 2023-04-24 | 7 | $110 | $68 | $100.7 | $126.27 | -20.25% |
| 2023-04-27 | 7 | $112 | $68 | $101.033 | $126.27 | -19.99% |
| 2023-05-12 | 7 | $114 | $104 | $108.84 | $126.27 | -13.8% |
| 2023-05-29 | 7 | $120 | $104 | $110.44 | $126.27 | -12.54% |
| 2023-06-07 | 7 | $120 | $104 | $110.7 | $126.27 | -12.33% |
| 2023-07-17 | 7 | $120 | $104 | $112.366 | $126.27 | -11.01% |
| 2023-07-25 | 7 | $126 | $104 | $113.366 | $126.27 | -10.22% |
| 2023-07-27 | 7 | $128 | $104 | $115.7 | $126.27 | -8.37% |
| 2023-08-17 | 8 | $135 | $104 | $118.457 | $126.27 | -6.19% |
| 2023-08-25 | 8 | $135 | $104 | $120.171 | $126.27 | -4.83% |
| 2023-09-06 | 8 | $135 | $104 | $121.171 | $126.27 | -4.04% |
| 2023-09-18 | 9 | $151 | $104 | $124.9 | $126.27 | -1.08% |
| 2023-10-27 | 8 | $151 | $104 | $123.9 | $126.27 | -1.88% |
| 2023-10-30 | 8 | $151 | $104 | $125.775 | $126.27 | -0.39% |
| 2023-11-14 | 8 | $151 | $104 | $132.25 | $126.27 | 4.74% |
| 2023-11-28 | 8 | $157 | $104 | $134.75 | $126.27 | 6.72% |
| 2023-12-14 | 8 | $157 | $104 | $134.625 | $126.27 | 6.62% |
The Trend in the Analyst Price Target
Over the past 22 months, FMX's average price target has gone up $38.22.
Over the past 46 weeks, FMX's average upside potential has been 8.02%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-03 | 7 | 110 | 68 | 98.033 | 94.06 | 4.22% |
| 2023-05-12 | 7 | 114 | 104 | 108.840 | 100.93 | 7.84% |
| 2023-05-29 | 7 | 120 | 104 | 110.440 | 98.38 | 12.26% |
| 2023-07-17 | 7 | 120 | 104 | 112.366 | 108.45 | 3.61% |
| 2023-10-30 | 8 | 151 | 104 | 125.775 | 111.98 | 12.32% |
FMX Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.44 | 6 | 0 | 2 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
Over the past 35 weeks, FMX's average broker recommendation rating improved by 0.07.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- MEXICAN ECONOMIC DEVELOPMENT INC's upside potential (average analyst target price relative to current price) is higher than 470.36% of all US stocks.
- To contextualize these metrics, consider that out of stocks in the large market cap category, MEXICAN ECONOMIC DEVELOPMENT INC's number of analysts covering the stock is greater than 362.53% of them.
- To contextualize these metrics, consider that out of Candy & Soda stocks, MEXICAN ECONOMIC DEVELOPMENT INC's variance in analysts' estimates is lower than -2159.02% of them.
- FMX has a greater average analyst price target than 2984.07% of Consumer Defensive stocks.
Stocks similar to MEXICAN ECONOMIC DEVELOPMENT INC in the Candy & Soda industry regarding analyst recommendations and price targets are KOF, CCEP, and CELH.
View All Top Stocks by Price Target
What is the outlook for FMX? Use POWR Ratings for clearer insight into price direction.