Fomento Economico Mexicano SAB de CV has a consensus price target of $115.22 based on the ratings of 9 analysts. The high is $135 issued by Citigroup on August 17, 2023. The low is $97.8 issued by Goldman Sachs on January 28, 2025. The 3 most-recent analyst ratings were released by UBS, Barclays, and Goldman Sachs on March 14, 2025, March 4, 2025, and January 28, 2025, respectively. With an average price target of $102.27 between UBS, Barclays, and Goldman Sachs, there's an implied 2.37% upside for Fomento Economico Mexicano SAB de CV from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/14/2025 | Buy Now | 7.11% | UBS | Rodrigo Alcantara28% | $94 → $107 | Maintains | Neutral | Get Alert |
03/04/2025 | Buy Now | 2.1% | Barclays | Benjamin Theurer59% | $99 → $102 | Maintains | Equal-Weight | Get Alert |
01/28/2025 | Buy Now | -2.1% | Goldman Sachs | Thiago Bortoluci52% | $109 → $97.8 | Maintains | Buy | Get Alert |
10/30/2024 | Buy Now | 18.12% | Barclays | Benjamin Theurer59% | $125 → $118 | Maintains | Overweight | Get Alert |
10/14/2024 | Buy Now | 25.13% | Barclays | Benjamin Theurer59% | $145 → $125 | Maintains | Overweight | Get Alert |
09/23/2024 | Buy Now | 9.11% | JP Morgan | Joseph Giordano60% | $104 → $109 | Downgrade | Overweight → Neutral | Get Alert |
07/15/2024 | Buy Now | 45.15% | Barclays | Benjamin Theurer59% | $160 → $145 | Maintains | Overweight | Get Alert |
02/09/2024 | Buy Now | — | HSBC | Carlos Laboy51% | — | Upgrade | Hold → Buy | Get Alert |
02/07/2024 | Buy Now | 60.16% | Barclays | Benjamin Theurer59% | $130 → $160 | Maintains | Overweight | Get Alert |
01/12/2024 | Buy Now | — | UBS | Rodrigo Alcantara28% | — | Downgrade | Buy → Neutral | Get Alert |
12/07/2023 | Buy Now | 34.13% | Citigroup | Renata Cabral53% | → $134 | Initiates | → Neutral | Get Alert |
11/07/2023 | Buy Now | 27.13% | Itau BBA | Alejandro Fuchs1% | → $127 | Downgrade | Outperform → Market Perform | Get Alert |
10/30/2023 | Buy Now | 30.13% | Barclays | Benjamin Theurer59% | $115 → $130 | Upgrade | Equal-Weight → Overweight | Get Alert |
08/25/2023 | Buy Now | 24.12% | HSBC | Carlos Laboy51% | $112 → $124 | Maintains | Hold | Get Alert |
08/17/2023 | Buy Now | 35.14% | Citigroup | Sergio Matsumoto30% | $125 → $135 | Maintains | Buy | Get Alert |
06/07/2023 | Buy Now | 12.11% | HSBC | Carlos Laboy51% | $84 → $112 | Upgrade | Reduce → Hold | Get Alert |
05/03/2023 | Buy Now | 5.11% | Barclays | Benjamin Theurer59% | $103 → $105 | Maintains | Equal-Weight | Get Alert |
04/18/2023 | Buy Now | 3.1% | Barclays | Benjamin Theurer59% | $100 → $103 | Maintains | Equal-Weight | Get Alert |
03/27/2023 | Buy Now | 10.11% | Morgan Stanley | Ricardo Alves54% | $102 → $110 | Maintains | Overweight | Get Alert |
02/17/2023 | Buy Now | -22.92% | HSBC | Carlos Laboy51% | $58 → $77 | Maintains | Reduce | Get Alert |
11/16/2022 | Buy Now | 9.31% | Goldman Sachs | Thiago Bortoluci52% | $95.6 → $109.2 | Maintains | Buy | Get Alert |
11/16/2022 | Buy Now | -14.91% | Barclays | Benjamin Theurer59% | $78 → $85 | Maintains | Overweight | Get Alert |
08/04/2022 | Buy Now | -10.91% | Goldman Sachs | Thiago Bortoluci52% | $104 → $89 | Maintains | Buy | Get Alert |
The latest price target for Fomento Economico (NYSE:FMX) was reported by UBS on March 14, 2025. The analyst firm set a price target for $107.00 expecting FMX to rise to within 12 months (a possible 7.11% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Fomento Economico (NYSE:FMX) was provided by UBS, and Fomento Economico maintained their neutral rating.
The last upgrade for Fomento Economico Mexicano SAB de CV happened on February 9, 2024 when HSBC raised their price target to N/A. HSBC previously had a hold for Fomento Economico Mexicano SAB de CV.
The last downgrade for Fomento Economico Mexicano SAB de CV happened on September 23, 2024 when JP Morgan changed their price target from $104 to $109 for Fomento Economico Mexicano SAB de CV.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fomento Economico, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fomento Economico was filed on March 14, 2025 so you should expect the next rating to be made available sometime around March 14, 2026.
While ratings are subjective and will change, the latest Fomento Economico (FMX) rating was a maintained with a price target of $94.00 to $107.00. The current price Fomento Economico (FMX) is trading at is $99.90, which is within the analyst’s predicted range.
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