Brookfield Asset Management Inc. (BAM) Forms $40.07 Double Top; Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Covered By 6 Bulls

Among 6 analysts covering Fomento Economico Mexicano SAB (NYSE:FMX), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Fomento Economico Mexicano SAB had 13 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital on Monday, March 7 with “Overweight”. The stock of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) earned “Buy” rating by Stifel Nicolaus on Tuesday, November 22. On Monday, August 31 the stock rating was downgraded by Zacks to “Buy”. The company was downgraded on Friday, January 20 by JP Morgan. On Tuesday, August 18 the stock rating was maintained by JP Morgan with “Overweight”. Barclays Capital maintained it with “Overweight” rating and $107 target in Friday, October 14 report. The company was upgraded on Monday, October 2 by JP Morgan. The firm has “Hold” rating given on Wednesday, August 19 by Zacks. The firm has “Buy” rating given on Wednesday, August 10 by HSBC. Barclays Capital maintained Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) rating on Wednesday, October 11. Barclays Capital has “Overweight” rating and $114 target. See Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) latest ratings:

11/10/2017 Broker: Barclays Capital Rating: Overweight Old Target: $115 New Target: $114 Maintain
02/10/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
14/09/2017 Broker: Morgan Stanley Rating: Overweight New Target: $120 Initiates Coverage On

Brookfield Asset Management Inc. (BAM) formed double top with $41.27 target or 3.00% above today’s $40.07 share price. Brookfield Asset Management Inc. (BAM) has $37.24 billion valuation. The stock decreased 4.00% or $1.67 during the last trading session, reaching $40.07. About 1.79 million shares traded or 86.38% up from the average. Brookfield Asset Management Inc. (NYSE:BAM) has risen 13.98% since February 4, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages and a chain of small-format stores. The company has market cap of $21.88 billion. It produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling and still beverages, juices, isotonic sports and energy drinks, teas, water, and dairy products. It has a 14.19 P/E ratio. The firm also operates small-box retail chain stores in Mexico, Colombia, the United States, and Chile under the OXXO and Big John names; retail service stations for fuels, motor oils, lubricants, and car care products in Mexico under the OXXO GAS name; and drugstores in Chile, Colombia, and Mexico under the Cruz Verde, YZA, La Moderna, and Farmacon names.

The stock decreased 0.74% or $0.73 during the last trading session, reaching $98.03. About 297,534 shares traded. Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) has risen 4.34% since February 4, 2017 and is uptrending. It has underperformed by 12.36% the S&P500.

Among 9 analysts covering Brookfield Asset Management Inc. (NYSE:BAM), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Brookfield Asset Management Inc. has $65 highest and $36 lowest target. $43.93’s average target is 9.63% above currents $40.07 stock price. Brookfield Asset Management Inc. had 29 analyst reports since August 10, 2015 according to SRatingsIntel. Citigroup maintained it with “Buy” rating and $48 target in Tuesday, August 15 report. Canaccord Genuity maintained it with “Buy” rating and $4200 target in Friday, August 11 report. RBC Capital Markets maintained Brookfield Asset Management Inc. (NYSE:BAM) on Tuesday, June 20 with “Buy” rating. Wood maintained Brookfield Asset Management Inc. (NYSE:BAM) on Monday, May 15 with “Buy” rating. Canaccord Genuity maintained it with “Buy” rating and $47.0 target in Monday, October 2 report. The stock of Brookfield Asset Management Inc. (NYSE:BAM) has “Outperform” rating given on Friday, February 10 by RBC Capital Markets. RBC Capital Markets maintained the shares of BAM in report on Wednesday, November 1 with “Buy” rating. Wood initiated the shares of BAM in report on Tuesday, May 24 with “Outperform” rating. As per Tuesday, July 25, the company rating was maintained by RBC Capital Markets. The company was initiated on Tuesday, May 24 by Keefe Bruyette & Woods.