Skip to main content

Market Overview

HSBC Downgrades Fomento Economico To Reduce


HSBC downgraded Fomento Economico Mexicano SAB (ADR) (NYSE: FMX) from Buy to Reduce.

The price target for Fomento Economico has been lowered to $86.00.

Fomento Economico shares have gained 0.86 percent over the past 52 weeks, while the S&P 500 index has surged 11.87 percent in the same period.

Fomento Economico shares closed at $93.10 on Friday.

Latest Ratings for FMX

Dec 2020Morgan StanleyDowngradesOverweightEqual-Weight
Nov 2020Itau BBADowngradesOutperformMarket Perform
Jan 2020CitigroupUpgradesNeutralBuy

View More Analyst Ratings for FMX
View the Latest Analyst Ratings


Related Articles (FMX)

View Comments and Join the Discussion!

Posted-In: HSBCDowngrades Analyst Ratings

Latest Ratings

UBAB. Riley FBRUpgrades21.0
ANTMTruist SecuritiesUpgrades375.0
TGIB of A SecuritiesUpgrades
OKTACanaccord GenuityUpgrades300.0
EMKRCraig-HallumInitiates Coverage On10.5
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at