Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $14.7276, but opened at $14.00. Grupo Bimbo shares last traded at $13.51, with a volume of 477 shares.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Grupo Bimbo to a “hold” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on BMBOY
Grupo Bimbo Price 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.
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