Citigroup initiated coverage on Coca-Cola FEMSA with a new price target
$KOF
Beverages (Production/Distribution)
Consumer Staples
Citigroup initiated coverage of Coca-Cola FEMSA with a rating of Neutral and set a new price target of $90.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/29/2024 | $93.00 → $102.00 | Neutral → Buy | Citigroup |
| 9/3/2024 | Neutral → Buy | Goldman | |
| 4/12/2024 | Sector Perform → Sector Outperform | Scotiabank | |
| 2/2/2024 | $89.00 → $102.00 | Neutral → Overweight | JP Morgan |
| 12/7/2023 | $90.00 | Neutral | Citigroup |
| 6/29/2023 | Sector Outperform → Sector Perform | Scotiabank | |
| 6/7/2023 | $74.00 → $108.00 | Hold → Buy | HSBC Securities |
| 1/23/2023 | $137.00 → $157.00 | Neutral → Buy | BofA Securities |
Ian Craig to succeed John Santa María as CEO of Coca-Cola FEMSAConstantino Spas to succeed Alfonso Garza as CEO of FEMSA Strategic Businesses MONTERREY, Mexico and MEXICO CITY, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA") (NYSE:FMX, BMV:FEMSAUBD, FEMSAUB))) and Coca-Cola FEMSA, S.A.B. de C.V. ("Coca-Cola FEMSA") (NYSE:KOF, BMV:KOF), announced today that in accordance with their careful and deliberate senior leadership succession planning processes, and consistent with previously established timeframes, John Santa Maria Otazua will retire from his position as Coca-Cola FEMSA's Chief Executive Officer on January 1, 2023. Accordingly, Coca-Cola FEMSA
MEXICO CITY, Sept. 9, 2022 /PRNewswire/ -- Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) ("KOF") today announced the total consideration and acceptance for its previously announced offers to purchase for cash KOF's notes of the series set forth in the table below (all such notes, the "Notes" and each such series, a "series" of Notes), for an aggregate purchase price, excluding accrued interest and additional amounts, if any (the "Aggregate Purchase Price"), of up to US$250 million (the "Tender Cap"), subject to the acceptance priority procedures and proration described in the Offer to Purchase (as defined below) from each registered holder of the Notes (each a "Holder" and, collectively, the "H
MEXICO CITY, Sept. 9, 2022 /PRNewswire/ -- Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) ("KOF") today announced the early tender results for its previously announced offers to purchase for cash KOF's notes of the series set forth in the table below (all such notes, the "Notes" and each such series, a "series" of Notes), for an aggregate purchase price, excluding accrued interest and additional amounts, if any, of up to US$250 million, from each registered holder of the Notes (each a "Holder" and, collectively, the "Holders"). We refer to our offer to purchase each series of Notes as an "Offer" and collectively as the "Offers." The Offers are being made pursuant to the terms and subject to the
SC 13G/A - COCA COLA FEMSA SAB DE CV (0000910631) (Subject)
SC 13G - COCA COLA FEMSA SAB DE CV (0000910631) (Subject)
SC 13G/A - COCA COLA FEMSA SAB DE CV (0000910631) (Subject)
6-K - COCA COLA FEMSA SAB DE CV (0000910631) (Filer)
6-K - COCA COLA FEMSA SAB DE CV (0000910631) (Filer)
6-K - COCA COLA FEMSA SAB DE CV (0000910631) (Filer)
Citigroup upgraded Coca-Cola FEMSA from Neutral to Buy and set a new price target of $102.00 from $93.00 previously
Goldman upgraded Coca-Cola FEMSA from Neutral to Buy
Scotiabank upgraded Coca-Cola FEMSA from Sector Perform to Sector Outperform
Barclays analyst Benjamin Theurer maintains Coca-Cola Femsa SAB de (NYSE:KOF) with a Overweight and lowers the price target from $115 to $105.
UBS analyst Rodrigo Alcantara maintains Coca-Cola Femsa SAB de (NYSE:KOF) with a Buy and lowers the price target from $112 to $102.
Coca-Cola Femsa (NYSE:KOF) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.23 by 13.82 percent. The company reported quarterly sales of $3.759 billion which beat the analyst consensus estimate of $3.597 billion by 4.50 percent. This is a 22.36 percent increase over sales of $3.072 billion the same period last year.