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 price targets and recommendations from analysts covering MEXICAN ECONOMIC DEVELOPMENT INC.
| 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 | $79.87 | 20.51% |
| 2021-11-22 | 4 | $112 | $90 | $96.25 | $79.87 | 20.51% |
| 2021-12-14 | 4 | $112 | $90 | $96.75 | $79.87 | 21.13% |
| 2022-03-16 | 4 | $112 | $90 | $96.4 | $79.87 | 20.7% |
| 2022-04-22 | 4 | $112 | $89 | $95.6 | $79.87 | 19.69% |
| 2022-05-05 | 4 | $112 | $68 | $90.2 | $79.87 | 12.93% |
| 2022-05-12 | 4 | $112 | $68 | $90.4 | $79.87 | 13.18% |
| 2022-06-14 | 4 | $95 | $68 | $87 | $79.87 | 8.93% |
| 2022-06-17 | 4 | $95 | $68 | $86.4 | $79.87 | 8.18% |
| 2022-07-28 | 3 | $90 | $68 | $82 | $79.87 | 2.67% |
| 2022-07-29 | 3 | $89 | $68 | $79 | $79.87 | -1.09% |
| 2022-09-17 | 4 | $89 | $68 | $81 | $79.87 | 1.41% |
| 2022-10-28 | 6 | $89 | $68 | $81 | $79.87 | 1.41% |
| 2022-11-16 | 6 | $109.2 | $68 | $86.44 | $79.87 | 8.23% |
The Trend in the Analyst Price Target
FMX's average price target has moved up $0.5 over the prior 24 months.
FMX reports an average of 23.21% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-12-14 | 4 | 112 | 90 | 96.75 | 72.07 | 34.24% |
| 2022-02-14 | 4 | 112 | 90 | 96.40 | 75.61 | 27.5% |
| 2022-05-20 | 4 | 95 | 68 | 87.00 | 74.28 | 17.12% |
| 2022-07-28 | 3 | 90 | 68 | 82.00 | 62.57 | 31.05% |
| 2022-10-28 | 5 | 89 | 68 | 81.00 | 70.61 | 14.71% |
FMX Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.58 | 4 | 0 | 2 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
FMX's average broker recommendation rating improved by 0.01 over the prior 32 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- FMX has a greater number of analysts covering the stock than 296.57% of all US stocks.
- To contextualize these metrics, consider that out of all US stocks, MEXICAN ECONOMIC DEVELOPMENT INC's upside potential (average analyst target price relative to current price) is higher than 367.26% of them.
- To contextualize these metrics, consider that out of stocks in the large market cap category, MEXICAN ECONOMIC DEVELOPMENT INC's variance in analysts' estimates is lower than -359.2% of them.
- MEXICAN ECONOMIC DEVELOPMENT INC's average analyst price target is higher than 1052.57% of Consumer Defensive stocks.
In the Candy & Soda industry, KOF, CCEP, and MNST are the three stocks most similar to MEXICAN ECONOMIC DEVELOPMENT INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
Is FMX a Buy, Hold or Sell? See the POWR Ratings now!