Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) shares saw an uptick in trading volume on Friday . 4,313 shares were traded during mid-day trading, an increase of 110% from the previous session’s volume of 2,051 shares.The stock last traded at $13.60 and had previously closed at $13.4150.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Grupo Bimbo to a “hold” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on Grupo Bimbo
Grupo Bimbo Stock Performance
About Grupo Bimbo
Grupo Bimbo, SAB. de C.V. (OTCMKTS:BMBOY) is a Mexican multinational bakery products company founded in 1945 and headquartered in Mexico City. Over the decades, it has grown into one of the world’s largest baking firms by sales volume and operates as a publicly traded company on the Mexican Stock Exchange with an American depositary receipt program trading over the counter. The company’s origins trace back to a small bakery in Mexico City, and it has since expanded its footprint through organic growth and strategic acquisitions.
The company’s core business encompasses the production, marketing and distribution of a broad array of baked goods.
See Also
- Five stocks we like better than Grupo Bimbo
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for Grupo Bimbo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Bimbo and related companies with MarketBeat.com's FREE daily email newsletter.
