Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $8.55 and last traded at $8.51, with a volume of 28099 shares. The stock had previously closed at $8.05.
Wall Street Analysts Forecast Growth
Several brokerages have commented on GMBXF. The Goldman Sachs Group cut shares of Grupo Mexico from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 17th. Morgan Stanley upgraded shares of Grupo Mexico to an “overweight” rating in a report on Tuesday, July 15th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Grupo Mexico has an average rating of “Hold”.
Check Out Our Latest Research Report on GMBXF
Grupo Mexico Price Performance
About Grupo Mexico
Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.
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