10 Undervalued Defensive Stocks to Buy According to Analysts

7. Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

Forward P/E: 13.59

Analyst Upside: 29.25%

Number of Hedge Fund Holders: 13

is one of the best undervalued defensive stocks to buy according to analysts. On July 31, Barclays lowered the firm’s price target on Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) to $100 from $105, keeping an Overweight rating on the shares.

The rating update came after Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) reported its fiscal Q2 2025 results on July 23, with a volume decline of 5.5%. Revenue rose 5.0% in the quarter, and 2.4% on a currency-neutral basis. Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) also reported a 5.3% decrease in its majority net income.

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) produces franchise bottles of trademark beverages. The company’s operations are divided into the Mexico and Central America, and South America segments.