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Investing.com - Citi raised its price target on Coca Cola Femsa (NYSE:KOF) to $109.00 from $107.00 on Monday, while maintaining a Buy rating on the stock. The company, currently trading at $98.63 and near its 52-week high of $101.74, has earned a "GREAT" financial health rating according to InvestingPro analysis.
The price target increase comes as Citi analyst Renata Cabral updated estimates ahead of the company’s second-quarter 2025 financial results. With impressive gross profit margins of 46.18% and a 22-year track record of consistent dividend payments, KOF has demonstrated strong operational performance.
Citi adjusted its 2026 earnings per share (EPS) estimate for Coca Cola Femsa by P$6.30 to P$146.48.
The firm also revised its 2027 EPS estimate upward by P$0.85 to P$161.24.
The price target increase directly reflects these estimate revisions, according to Citi’s research note.
In other recent news, Coca-Cola (NYSE:KO) FEMSA has been in the spotlight with several key developments. The company recently received an upgrade from Morgan Stanley (NYSE:MS), which changed its stock rating from Equalweight to Overweight. Analysts at Morgan Stanley cited Coca-Cola FEMSA’s earnings resilience, particularly in Mexico and Brazil, as a driving factor for this positive outlook. The analysts also noted favorable market conditions, such as reduced sugar prices in Mexico and a decrease in PET futures, which could enhance EBITDA margins.
Additionally, Coca-Cola FEMSA filed its Form 6-K with the U.S. Securities and Exchange Commission for May 2025, ensuring compliance with regulatory requirements and transparency for investors. The company also submitted its annual report for the fiscal year 2024 with the SEC, providing audited financial statements and making them available to investors. In another significant update, Coca-Cola FEMSA announced a cash dividend totaling Ps. 15,462 million, to be distributed in four installments throughout 2025.
The Annual General Shareholders’ Meeting also resulted in the ratification of board appointments and committee members for 2025. These developments highlight Coca-Cola FEMSA’s ongoing commitment to financial transparency and shareholder value.
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