Grupo Mexico stock: Morgan Stanley keeps Hold at MXN 236.00 target

Published on 10/21/2026 at 17:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 5.7 billion in second-quarter 2026. Grupo Mexico stock costs EUR 11.29 on October 21, 2026, down 1.90 percent on the BMV.

Analyst target and earnings

Morgan Stanley maintained a Hold rating and a MXN 236.00 target in the October 20, 2026 report.
Revenue rose 2.74 percent from USD 5.565 billion in the first quarter to USD 5.7 billion in the second quarter of 2026.
Grupo Mexico stock costs EUR 11.29 at Lang & Schwarz on October 21, 2026 at 5:44 p.m. CEST; the BMV quote was down 1.90 percent.

FEMSA, MXP370841019, Illustration mit AI erstellt.

Grupo Mexico (ISIN MXP370841019) stock has a MXN 236.00 target from Morgan Stanley, which maintained a Hold rating in the report covered by The Globe and Mail on October 20, 2026. At 5:44 p.m. CEST, Lang & Schwarz quoted EUR 11.29 after the Xetra close; on the BMV, the stock was down 1.90 percent at MXN 236.10 at 9:28 a.m. CST.

Revenue rose in the second quarter

Grupo Mexico reported USD 5.7 billion of revenue for the second quarter of 2026, compared with USD 5.565 billion in the first quarter, according to Silvertrade. The increase was 2.74 percent, giving the latest operating comparison a firmer basis than the daily quotation alone.

Stock stays below its yearly high

The BMV quote of MXN 236.10 stood 5.02 percent below the 52-week high of MXN 248.59 and 69.52 percent above the low of MXN 139.28 on October 21, 2026. The price-to-earnings ratio was 14.65, while market capitalization reached MXN 1.8 trillion.

Valuation and reporting date

MarketBeat estimated October 21, 2026 as the next earnings announcement and put consensus revenue at USD 5.94 billion, above the second-quarter reported figure of USD 5.7 billion. That comparison places the upcoming estimate 4.21 percent above the latest reported quarter.

Grupo Mexico operates in basic materials and industrial materials, with copper production, freight logistics and infrastructure among its activities. Its BMV listing uses the ticker GMEXICOB.MX, and the company is headquartered in Mexico City.

Stock price after the Xetra close

The euro quotation provides the German-market perspective after Xetra trading ended. Grupo Mexico was at EUR 11.29 at Lang & Schwarz on October 21, 2026 at 5:44 p.m. CEST, while the BMV quotation was down 1.90 percent at MXN 236.10 at 9:28 a.m. CST. The differing currencies and venues should be read separately.

The further course of trading is shown by the continuously updated real-time quote of Grupo Mexico stock.