Morgan Stanley keeps MXN 236.00 target for Grupo Mexico stock
Published on 10/13/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and market position
- Morgan Stanley maintained its Hold view and set a MXN 236.00 target on October 7, 2026.
- Revenue reached USD 5.72 billion in the second quarter of 2026.
- Grupo Mexico stock costs EUR 11.91 at Lang & Schwarz on October 13, 2026 at 4:06 p.m. CEST, with the BMV change at plus 0.50 percent.
- The estimated earnings date is October 20, 2026.
On October 7, 2026, Morgan Stanley maintained its Hold rating on Grupo Mexico and set a MXN 236.00 price target, according to Business Insider. Against the BMV quote of MXN 243.75 on October 13, that target sits 3.28 percent below the share price.
At Lang & Schwarz, Grupo Mexico was trading at EUR 11.91 on October 13, 2026 at 4:06 p.m. CEST. The BMV quote was MXN 243.75, up 0.50 percent from MXN 242.53, while the Lang & Schwarz bid was EUR 11.71 and the ask was EUR 12.10.
Second-quarter revenue reaches USD 5.72 billion
Grupo Mexico reported USD 5.72 billion in revenue for the second quarter of 2026, according to TradingView. The same report described revenue as 35.00 percent higher than a year earlier and net profit at USD 2.20 billion for the period.
The finance figures put second-quarter net income at USD 2.20 billion and diluted earnings per share at USD 0.28. Operating cash flow reached USD 3.65 billion in the same quarter, giving the results a cash-generation angle beyond the revenue increase.
Stock sits 0.16 percent below yearly high
The BMV quote stood 0.16 percent below the MXN 244.15 52-week high and 74.74 percent above the MXN 139.28 low on October 13, 2026. Volume was 91,380 shares against an average of 5,185,593, so the session snapshot was materially below the recent average.
Valuation and October earnings date
Grupo Mexico's market capitalization was MXN 1.9 trillion on October 13, 2026. Its price to earnings ratio was 15.40 and its trailing dividend yield was 0.02 percent, placing the stock's valuation beside a limited cash payout in the current quote.
MarketBeat lists October 20, 2026 as the estimated next earnings date and gives consensus estimates of USD 0.2223 earnings per share and USD 5.96 billion in revenue.
Comparison with peers
Grupo Mexico (BMV, MXN): plus 0.50 percent, price to earnings ratio 15.40, market capitalization MXN 1.9 trillion
Southern Copper (NYSE, USD): minus 1.32 percent, price to earnings ratio 30.19, market capitalization USD 171.8 billion
Freeport-McMoRan (NYSE, USD): minus 1.69 percent, price to earnings ratio 35.46, market capitalization USD 103.6 billion
Price remains near the yearly high
Grupo Mexico combines a MXN 236.00 analyst target with a BMV price of MXN 243.75 and a 0.16 percent gap to its 52-week high. The next scheduled earnings date is October 20, 2026, while the second-quarter figures provide the latest reported operating reference.
The further course of trading is shown by the continuously updated real-time quote of Grupo Mexico stock.
Grupo Mexico stock data
- Company: Grupo México, S.A.B. de C.V.
- ISIN: MXP370841019
- Ticker: GMEXICOB
- Primary exchange: BMV
- Price Lang & Schwarz as of October 13, 2026, 4:06 p.m. CEST: EUR 11.91
- BMV daily change as of October 13, 2026: plus 0.50 percent
- Market capitalization: MXN 1.9 trillion as of October 13, 2026
- 52-week range: MXN 139.28-244.15 as of October 13, 2026
- Sector / Industry: Basic Materials / Industrial Materials
- Next earnings date: October 20, 2026
