Thursday, March 23, 2023
198 Mexico News
No Result
View All Result
  • Home
  • BUSINESS NEWS
  • VIDEO NEWS
  • FEATURED NEWS
    • MEXICO USA TRADE NEWS
    • MEXICO EU NEWS
    • MEXICO UK NEWS
    • MEXICO BRAZIL NEWS
    • MEXICO INDIA NEWS
    • MEXICO GULF NATIONS NEWS
    • MEXICO CHINA NEWS
    • MEXICO EGYPT NEWS
    • MEXICO AFRICA NEWS
    • MEXICO NIGERIA NEWS
    • MEXICO THAILAND NEWS
  • POLITICAL NEWS
  • TECHNOLOGY
  • CRYPTO
  • AGRICULTURE
  • MORE NEWS
    • MEXICO IMMIGRATION NEWS
    • MEXICO SCHOLARSHIP NEWS
    • MEXICO VENTURE CAPITAL NEWS
    • MEXICO EDUCATION NEWS
    • MEXICO BUSINESS HELP
    • MEXICO PARTNESHIPS
    • MEXICO MANUFACTURE NEWS
    • MEXICO UNIVERSITY NEWS
    • MEXICO JOINT VENTURE NEWS
  • ASK IKE LEMUWA
  • CONTACT
198 Mexico News
  • Home
  • BUSINESS NEWS
  • VIDEO NEWS
  • FEATURED NEWS
    • MEXICO USA TRADE NEWS
    • MEXICO EU NEWS
    • MEXICO UK NEWS
    • MEXICO BRAZIL NEWS
    • MEXICO INDIA NEWS
    • MEXICO GULF NATIONS NEWS
    • MEXICO CHINA NEWS
    • MEXICO EGYPT NEWS
    • MEXICO AFRICA NEWS
    • MEXICO NIGERIA NEWS
    • MEXICO THAILAND NEWS
  • POLITICAL NEWS
  • TECHNOLOGY
  • CRYPTO
  • AGRICULTURE
  • MORE NEWS
    • MEXICO IMMIGRATION NEWS
    • MEXICO SCHOLARSHIP NEWS
    • MEXICO VENTURE CAPITAL NEWS
    • MEXICO EDUCATION NEWS
    • MEXICO BUSINESS HELP
    • MEXICO PARTNESHIPS
    • MEXICO MANUFACTURE NEWS
    • MEXICO UNIVERSITY NEWS
    • MEXICO JOINT VENTURE NEWS
  • ASK IKE LEMUWA
  • CONTACT
No Result
View All Result
198 Mexico News
No Result
View All Result

Mexico’s Cuervo, Femsa among companies well-positioned for ’22 -Barclays

by 198 Mexico News
January 19, 2022
in MEXICO BRAZIL NEWS
Reading Time: 4 mins read
A A
0
Home MEXICO BRAZIL NEWS
Share on FacebookShare on Twitter

[ad_1]

The logo of Mexico’s Coca-Cola FEMSA, the world’s biggest Coke bottler, is pictured at its headquarters in Monterrey, Mexico, August 19, 2018. REUTERS/Daniel Becerril/File Photo

Register now for FREE unlimited access to Reuters.com

MEXICO CITY, Jan 19 (Reuters) – Tequila maker Cuervo, restaurant operator Alsea, bottler and retailer Femsa and supermarket retailer La Comer are among the listed Mexican companies positioned well in 2022, Barclays analysts said in a report, adding consumer companies in general will surpass pre-pandemic sales levels.

Analysts Benjamin Theurer and Antonio Hernandez raised their target price on Cuervo’s (CUERVO.MX) to 58 pesos from 55 and forecasted strong sales due to tequila “further gaining importance in the U.S.” and the easing of supply chain constraints.

La Comer’s target price was maintained at 41 pesos, but the analysts pointed to the company as a market leader in sales as it keeps gaining scale. They forecast that La Comer, bread maker Bimbo and bottler Arca Continental (AC.MX) would finish 2022 with the consumer segment’s highest margin expansions.

Register now for FREE unlimited access to Reuters.com

The analysts kept their target price for Alsea (ALSEA.MX) at 50 pesos and highlighted that the Mexican restaurant operator could gain market share due to the struggles its smaller competitors face after two years of the pandemic.

You might also like

The Unique Way Tequila Is Building Homes In Tequila, Mexico

All Things Investigations: Episode 8 – ABC Enforcement in Mexico and Brazil with Diego Duran and Salim Saud | Thomas Fox – Compliance Evangelist

“Canela Box Nights” Results from Mexico

They maintained their target price for Femsa at 90 pesos, expressing caution about openings in its OXXO convenience store chain given the recent uptick in COVID-19 cases. Nonetheless, the analysts expect most of its business segment’s revenues to reach pre-pandemic levels in 2022.

Mexico started the year as the only major economy in Latin America still lagging pre-pandemic GDP levels, but the Barclays analysts estimated its year-on-year growth at 3.6%, above the market consensus of 2.8% due to a gradual economic normalization and a boost from U.S. fiscal stimulus programs.

Register now for FREE unlimited access to Reuters.com

Reporting by Valentine Hilaire; Editing by David Gregorio

Our Standards: The Thomson Reuters Trust Principles.

[ad_2]

Source link

Tags: amongBarclayscompaniesCuervoFemsaMexicoswellpositioned
Share30Tweet19
Previous Post

Boxing champion sentenced to death in Iran just for ‘protesting’ in chilling execution spree

Next Post

Americas: ‘Smart’ use of rapid tests critical amid COVID surge |

Recommended For You

The Unique Way Tequila Is Building Homes In Tequila, Mexico

by 198 Mexico News
July 25, 2022
0
The Unique Way Tequila Is Building Homes In Tequila, Mexico

It was more than 20 years ago that Jose Cuervo, now the best-selling brand of tequila in the world, made a decision to commit toward creating a better...

Read more

All Things Investigations: Episode 8 – ABC Enforcement in Mexico and Brazil with Diego Duran and Salim Saud | Thomas Fox – Compliance Evangelist

by 198 Mexico News
July 25, 2022
0
All Things Investigations: Episode 8 – ABC Enforcement in Mexico and Brazil with Diego Duran and Salim Saud | Thomas Fox – Compliance Evangelist

Welcome to the Hughes Hubbard Anti-Corruption and Internal Investigations Practice Group’s Podcast, All Things Investigations. In this podcast, Diego Duran, Salim Saud of the Hughes Hubbard Anti-Corruption &...

Read more

“Canela Box Nights” Results from Mexico

by 198 Mexico News
July 23, 2022
0
“Canela Box Nights” Results from Mexico

HERMOSILLO, Sonora, Mexico (July 23, 2022) – Last night’s “Canela Fight Night” series inaugural event was a knockout success, in addition to being a platform to showcase a...

Read more

Brazil, Guyana, Mexico Projects To Offset Declines In Other Areas  | Rigzone

by 198 Mexico News
July 22, 2022
0
Brazil, Guyana, Mexico Projects To Offset Declines In Other Areas  | Rigzone

In the coming years, upstream capex in Latin America will shift into deeper and deeper water with Brazil, Guyana, and Mexico likely to lead the charge for new...

Read more

Alves joins Mexico’s Pumas on free transfer

by 198 Mexico News
July 22, 2022
0
Alves joins Mexico’s Pumas on free transfer

FC Barcelona player Dani Alves visits the Sydney Opera House with fellow members of the squad during their trip to Australia for a friendly soccer match against the...

Read more
Next Post
Americas: ‘Smart’ use of rapid tests critical amid COVID surge |

Americas: ‘Smart’ use of rapid tests critical amid COVID surge |

Mexico’s CFE Set to Launch Natural Gas Pipeline Tenders

Mexico’s CFE Set to Launch Natural Gas Pipeline Tenders

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Unprecedented price hikes put the squeeze on Iranian tenants | Economy News

Unprecedented price hikes put the squeeze on Iranian tenants | Economy News

July 26, 2022
U.S. is sidelined in critical minerals push

U.S. is sidelined in critical minerals push

July 26, 2022
China, Russia Dominate Nuclear Reactor Construction, IEA Says

China, Russia Dominate Nuclear Reactor Construction, IEA Says

July 26, 2022
Credentials for cosmetic surgery centers in Tijuana to be scrutinized

Credentials for cosmetic surgery centers in Tijuana to be scrutinized

July 25, 2022
New group of 2,000 migrants sets off in southern Mexico

New group of 2,000 migrants sets off in southern Mexico

July 25, 2022
New group of 2,000 migrants sets off in southern Mexico :: WRAL.com

New group of 2,000 migrants sets off in southern Mexico :: WRAL.com

July 25, 2022
Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

July 25, 2022
San Diego’s wastewater shows COVID-19 cases about to spike

San Diego’s wastewater shows COVID-19 cases about to spike

July 25, 2022
198 Mexico News

198 Mexico News will provide the latest news update as the government facing a growing challenging in preventing Mexico from breaking apart along ethnic and religious lines.

198massmedia Group. USA. 3821 Dominion Drive, Dumfries, USA. 22026.

Toll Free 1 888 642 8433.
Contact: info@198mexiconews.com

LATEST UPDATES

Unprecedented price hikes put the squeeze on Iranian tenants | Economy News

U.S. is sidelined in critical minerals push

China, Russia Dominate Nuclear Reactor Construction, IEA Says

Credentials for cosmetic surgery centers in Tijuana to be scrutinized

New group of 2,000 migrants sets off in southern Mexico

New group of 2,000 migrants sets off in southern Mexico :: WRAL.com

Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

San Diego’s wastewater shows COVID-19 cases about to spike

RECOMMENDED

No Content Available
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - 198 Mexico News.

No Result
View All Result
  • Home
  • BUSINESS NEWS
  • VIDEO NEWS
  • FEATURED NEWS
    • MEXICO USA TRADE NEWS
    • MEXICO EU NEWS
    • MEXICO UK NEWS
    • MEXICO BRAZIL NEWS
    • MEXICO INDIA NEWS
    • MEXICO GULF NATIONS NEWS
    • MEXICO CHINA NEWS
    • MEXICO EGYPT NEWS
    • MEXICO AFRICA NEWS
    • MEXICO NIGERIA NEWS
    • MEXICO THAILAND NEWS
  • POLITICAL NEWS
  • TECHNOLOGY
  • CRYPTO
  • AGRICULTURE
  • MORE NEWS
    • MEXICO IMMIGRATION NEWS
    • MEXICO SCHOLARSHIP NEWS
    • MEXICO VENTURE CAPITAL NEWS
    • MEXICO EDUCATION NEWS
    • MEXICO BUSINESS HELP
    • MEXICO PARTNESHIPS
    • MEXICO MANUFACTURE NEWS
    • MEXICO UNIVERSITY NEWS
    • MEXICO JOINT VENTURE NEWS
  • ASK IKE LEMUWA
  • CONTACT

Copyright © 2022 - 198 Mexico News.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?