Stock Rating Upgrade
The Value Trend Rating for Coca-Cola Femsa SAB De CV (NYSE: KOF) rose significantly recently from D to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/19/24, Coca-Cola Femsa SAB De CV (NYSE: KOF) stock rose slightly by 0.2%, closing at $93.39. However, trading volume in this advance was unusually low at 55% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.9% during the last week.
Current PriceTarget Research Rating
KOF is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Coca-Cola Femsa SAB De CV has a current Value Trend Rating of B (Positive). This VT Rating rose significantly in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Coca-Cola Femsa SAB De CV has a slightly positive Appreciation Score of 68 and a good Power Rating of 74, resulting in the Positive Value Trend Rating.
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