Read Why This Analyst Remains Bullish On Mexico-Based Betterware

Small Cap Consumer Research analyst Eric M. Beder has reiterated the Buy rating on Betterware de Mexico SAB De CV BWMX with a price target of $30.
The analyst noted two key trends, newness and better pricing power, have continued to gain momentum and resonate with the July catalog.
The company offered more new SKUs (Stock Keeping Units) in July, Beder noted.
Also, Betterware’s level of overall and deep (30%+ off) discounting materially declined to almost a record low for 2022.
With the company’s management focusing on the second half as the period for return to record growth, Eric views the July catalog as a key step toward achieving the goal.
Price Action: BWMX shares are trading lower by 1.35% at $9.50 on the last check Monday.

Momentum19.18

Growth77.10

Quality-

Value44.36

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