Chedraui price target lowered to MXN 150 from MXN 160 at Barclays

Barclays analyst Benjamin Theurer lowered the firm’s price target on Grupo Comercial Chedraui (GCHEF) to MXN 150 from MXN 160 and keeps an Equal Weight rating on the shares. The firm adjusted ratings in the Mexico consumer sector as part of its 2026 outlook. The group is moving into next year with “steady fundamentals but slower growth” along with elevated trade uncertainty, the analyst tells investors in a research note. Barclays believes companies with scale, strong revenue management, and omnichannel depth are best positioned.