Shares of Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) have received a consensus rating of “Buy” from the six analysts that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.
A number of equities research analysts have recently commented on GMBXF shares. Citigroup upgraded Grupo México from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 17th. Morgan Stanley downgraded Grupo México from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 24th. Finally, JPMorgan Chase & Co. cut Grupo México from an “overweight” rating to a “neutral” rating in a research note on Friday, May 14th.
Grupo México stock opened at $4.68 on Tuesday. Grupo México has a 52 week low of $2.22 and a 52 week high of $5.65. The business’s 50 day moving average price is $4.98.
Grupo MÃ©xico, SAB. de C.V. engages in copper production, rail transportation, and infrastructure businesses worldwide. The company operates through Mining, transportation, and Infrastructure divisions. The Mining division explores for, exploits, and obtains minerals, metals, and other byproducts, including copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.
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