Coca-Cola Femsa SAB De CV (KOF) has received positive news recently, with strong Q4 financial results showing a 14.3% rise in revenue and a 35.1% increase in net income. The company's digital initiatives are progressing well, with over 1.3 million active users on the Juntos+ B2B platform. Analysts have maintained a Strong Buy consensus, with a price target of $96.87, and Barclays has set a target of $99.00.
The stock is currently trading at $88.24, with a one-year high of $102.28 and a low of $72.68. Key technical indicators include:
Given the positive news, strong analyst sentiment, and bullish technical indicators, the stock is expected to rise towards the Fibonacci resistance levels. The predicted price for the next trading week is $92.50.
Recommendation: Buy KOF as the overall trend and fundamentals suggest continued upward momentum.
The price of KOF is predicted to go up -0.34%, based on the high correlation periods with ADT. The similarity of these two price pattern on the periods is 96.14%.
KOF
ADT
Coca-Cola Femsa can leverage strong retail relationships to drive volume growth in under-penetrated markets across Latin America, tapping soft-drink demand with classic recipes and new products tailored to local tastes.
Steady volume share gain in Brazil bodes well for better brand recognition and scale benefits in this large market of over 200 million consumers.
Investments in an internet-based ordering system and cooler placements should help Coca-Cola Femsa better align product planning, manufacturing, and its go-to-market strategy with retailers and resellers in the region.
Barclays
2025-03-04
Price Target
$99 → $105
Upside
+19.7%
Barclays
2024-10-30
Price Target
$110 → $108
Upside
+27.28%
Citigroup
2024-10-29
Price Target
$93 → $102
Upside
+20.62%