Coca-Cola FEMSA S.A.B. de C.V. (ADR) (KOF) was Upgraded by Credit Suisse to ” Outperform”. Earlier the firm had a rating of “Neutral ” on the company shares. Credit Suisse advised their investors in a research report released on Sep 8, 2016.
Coca-Cola FEMSA S.A.B. de C.V. (ADR) closed down -1.53 points or -1.98% at $75.64 with 49,179 shares getting traded on Wednesday. Post opening the session at $76.74, the shares hit an intraday low of $75.47 and an intraday high of $76.74 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.