UBS Cuts Coca-Cola FEMSA (KOF) Target to $109, Maintains Buy Rating

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) is one of the best Mexican stocks to invest in. On November 12, UBS cut its price target for Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) from $113 to $109. The firm maintained a Buy rating for the stock.

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In a different update, Coca‑Cola FEMSA reported its Q3 2025 results on November 4, with the quarter’s EPS of 28.10 Mexican pesos beating the analyst consensus estimate of 26.31 Mexican pesos. Quarterly revenue came in at 71.88 billion Mexican pesos, slightly above the 71.78 billion Mexican pesos consensus forecast. The revenue was also up 3.3% year-over-year, and management explained that this was driven mainly by “revenue management initiatives,” such as price and mix actions. This growth, the management stated, was partially offset by a slight decline in volumes, promotional activity, and negative currency effects from the Argentine peso and several Central American currencies.​

Majority net income (net income attributable to equity holders of the company) for the quarter grew by 0.7% to 5.9 billion Mexican pesos, with management attributing this mainly to operating income growth. This growth was concentrated in the South America operations, where volumes increased 2.6% to 423 million unit cases, with revenue in the region up 8.7% to 29.4 billion Mexican pesos.

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) is the world’s largest Coca-Cola bottler by sales volume, operating across Mexico, Central America, and South America. The company manufactures, markets, and distributes Coca-Cola trademark beverages.

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