Coca-Cola FEMSA S.A.B. de C.V. (ADR) (KOF) was Upgraded by Citigroup to ” Neutral”. Earlier the firm had a rating of “Sell ” on the company shares. Citigroup advised their investors in a research report released on Sep 14, 2016.
Many Wall Street Analysts have commented on Coca-Cola FEMSA S.A.B. de C.V. (ADR). Coca-Cola FEMSA S.A.B. de C.V. (ADR) was Upgraded by Credit Suisse to ” Outperform” on Sep 8, 2016.
Coca-Cola FEMSA S.A.B. de C.V. (ADR) opened for trading at $73.42 and hit $75.38 on the upside on Monday, eventually ending the session at $75.1, with a gain of 1.54% or 1.14 points. The heightened volatility saw the trading volume jump to 116,253 shares. Company has a market cap of $15,568 M.
Coca-Cola FEMSA S.A.B. de C.V. is a beverage company. The Company produces and distributes Coca-Cola Fanta Sprite del Valle and other beverages of The Coca-Cola Company. Its operating segments include Mexico and Central America division which includes Mexico Guatemala Nicaragua Costa Rica and Panama and the South America division which includes Brazil Argentina Colombia and Venezuela. It distributes bottled water juices teas isotonic beer and other beverages. It is also engaged in acquiring holding and transferring all types of bonds shares and marketable securities. The Company and its subsidiaries are engaged in the production distribution and marketing of certain Coca-Cola beverages. Its subsidiaries include Propimex S. de R.L. de C.V. Controladora Interamericana de Bebidas S. de R.L. de C.V. Spal Industria Brasileira de Bebidas S.A Distribuidora y Manufacturera del Valle de Mexico S. de R.L. de C.V. and Servicios Refresqueros del Golfo S. de R.L. de C.V.