Grupo Mexico stock: Morgan Stanley sets MXN 236.00 target for Grupo Mexico stock

Published on 10/20/2026 at 16:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 5.72 billion versus USD 4.24 billion a year earlier. Grupo Mexico stock costs EUR 11.88 on October 20, 2026.

Analyst target and quarterly figures

Morgan Stanley set a MXN 236.00 target for Grupo Mexico on October 7, 2026.
Second-quarter 2026 revenue reached USD 5.72 billion, up from USD 4.24 billion a year earlier.
Grupo Mexico stock costs EUR 11.88 at Lang & Schwarz on October 20, 2026 at 4:41 p.m. CEST.

FEMSA, MXP370841019, Illustration mit AI erstellt.

Grupo Mexico (ISIN MXP370841019) faces a MXN 236.00 price target from Morgan Stanley after the firm maintained its Hold rating on October 7, 2026, according to The Globe and Mail. Second-quarter 2026 revenue reached USD 5.72 billion, compared with USD 4.24 billion in the second quarter of 2025, while net income rose from USD 1.23 billion to USD 1.93 billion, according to Yahoo Finance. The stock was trading at EUR 11.88 at Lang & Schwarz on October 20, 2026 at 4:41 p.m. CEST.

Quarterly growth supports the case

The second-quarter comparison gives the analyst view a concrete operating backdrop. Revenue increased 34.96 percent year over year, while net income advanced 56.33 percent over the same period, based on the figures reported by Yahoo Finance on October 20, 2026. Net margin also improved from 29.10 percent in the second quarter of 2025 to 33.70 percent in the second quarter of 2026.

That combination matters because Morgan Stanley's target sits below the latest BMV quotation. The target is MXN 4.73 percent below the MXN 247.17 share price reported for Grupo Mexico's BMV listing on October 20, 2026.

Stock range leaves little room

Grupo Mexico traded between MXN 241.04 and MXN 247.48 on October 20, 2026, with volume of 790,056 shares. Its 52-week range was MXN 139.28 to MXN 248.59, placing the latest MXN 247.17 quotation 0.57 percent below the yearly high. The market capitalization stood at MXN 1.9 trillion on the same date.

What does October 27 mean for timing?

The next earnings report is scheduled for October 27, 2026, according to TradingView. The page also lists a consensus revenue estimate of USD 5.95 billion for the next quarter, versus USD 5.72 billion in the second quarter of 2026.

Listing and valuation

Global Banking and Finance identifies Grupo Mexico's Class B shares as GMEXICOB.MX on the BMV and assigns the company to the Materials sector. The reported price-to-earnings ratio was 15.60 on October 20, 2026, while the company operates across copper mining, rail transportation and infrastructure.

Grupo Mexico was trading at EUR 11.88 at Lang & Schwarz on October 20, 2026 at 4:41 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Grupo Mexico stock.