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 | $97.93 | -1.72% |
| 2021-11-22 | 4 | $112 | $90 | $96.25 | $97.93 | -1.72% |
| 2021-12-14 | 4 | $112 | $90 | $96.75 | $97.93 | -1.2% |
| 2022-03-16 | 4 | $112 | $90 | $96.4 | $97.93 | -1.56% |
| 2022-04-22 | 4 | $112 | $89 | $95.6 | $97.93 | -2.38% |
| 2022-05-05 | 4 | $112 | $68 | $90.2 | $97.93 | -7.89% |
| 2022-05-12 | 4 | $112 | $68 | $90.4 | $97.93 | -7.69% |
| 2022-06-14 | 4 | $95 | $68 | $87 | $97.93 | -11.16% |
| 2022-06-17 | 4 | $95 | $68 | $86.4 | $97.93 | -11.77% |
| 2022-07-28 | 3 | $90 | $68 | $82 | $97.93 | -16.27% |
| 2022-07-29 | 3 | $89 | $68 | $79 | $97.93 | -19.33% |
| 2022-09-17 | 4 | $89 | $68 | $81 | $97.93 | -17.29% |
| 2022-10-28 | 5 | $89 | $68 | $81 | $97.93 | -17.29% |
| 2022-11-16 | 6 | $109.2 | $68 | $85.04 | $97.93 | -13.16% |
| 2023-01-26 | 6 | $109.2 | $68 | $87.04 | $97.93 | -11.12% |
| 2023-01-30 | 6 | $109.2 | $68 | $89.64 | $97.93 | -8.47% |
| 2023-02-14 | 6 | $109.2 | $68 | $92.04 | $97.93 | -6.01% |
| 2023-02-17 | 7 | $110 | $68 | $96.033 | $97.93 | -1.94% |
| 2023-03-03 | 7 | $110 | $68 | $98.033 | $97.93 | 0.11% |
| 2023-03-27 | 7 | $110 | $68 | $99.366 | $97.93 | 1.47% |
| 2023-04-18 | 7 | $110 | $68 | $99.866 | $97.93 | 1.98% |
| 2023-04-24 | 7 | $110 | $68 | $100.7 | $97.93 | 2.83% |
| 2023-04-27 | 7 | $112 | $68 | $101.033 | $97.93 | 3.17% |
| 2023-05-12 | 7 | $114 | $104 | $108.84 | $97.93 | 11.14% |
The Trend in the Analyst Price Target
FMX's average price target has moved up $22.9 over the prior 30 months.
Over the past 47 weeks, FMX's average upside potential has been 16.46%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-22 | 4 | 89 | 68 | 81.00 | 65.96 | 22.8% |
| 2022-09-17 | 4 | 89 | 68 | 81.00 | 65.33 | 23.99% |
| 2022-10-28 | 6 | 89 | 68 | 81.00 | 70.61 | 14.71% |
| 2023-04-24 | 7 | 110 | 68 | 100.70 | 95.60 | 5.33% |
| 2023-05-12 | 7 | 114 | 104 | 108.84 | 100.93 | 7.84% |
FMX Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.5 | 5 | 0 | 2 | 0 | 0 | 7 |
The Trend in the Broker Recommendations
FMX's average broker recommendation rating improved by 0.11 over the prior 39 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- 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 209.54% of them.
- In terms of how MEXICAN ECONOMIC DEVELOPMENT INC fares relative to stocks in the large market cap category, note that its number of analysts covering the stock is greater than 161.72% of that group.
- In terms of how MEXICAN ECONOMIC DEVELOPMENT INC fares relative to Candy & Soda stocks, note that its variance in analysts' estimates is lower than -1463.04% of that group.
- MEXICAN ECONOMIC DEVELOPMENT INC's average analyst price target is greater than 1763.87% 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!