Stock Rating Upgrade
The Value Trend Rating for Coca-Cola Femsa SAB De CV (NYSE: KOF) rose significantly recently from D to A reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 5/3/24, Coca-Cola Femsa SAB De CV (NYSE: KOF) stock rose modestly by 0.8%, closing at $98.33. However, trading volume in this advance was below average at 68% of normal. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, KOF is expected to continue to be a major Value Builder.
Coca-Cola Femsa SAB De CV has a current Value Trend Rating of A (Highest Rating). 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 complementary signals. Coca-Cola Femsa SAB De CV has a slightly positive Appreciation Score of 67 and a very high Power Rating of 87, producing the Highest Value Trend Rating.
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