Barclays Lowers PT on Coca-Cola FEMSA (KOF) to $100 From $105, Keeps an Overweight Rating

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

A colorful array of sparkling beverages in dozens of different containers on parade.

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.

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Disclosure: None. This article is originally published at Insider Monkey.