Barclays raised the firm’s price target on Fibra Macquarie Mexico (DBMBF) to MXN 44 from MXN 43 and keeps an Overweight rating on the shares. Heightened uncertainty will be a challenge for Mexican real estate companies, but the earnings trend is supportive and valuations already reflect some future headwinds, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DBMBF:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue