2024-02-16 08:00:00 ET
Summary
- Grupo México, S.A.B. de C.V. receives a "Hold" rating for its shares.
- There is potential for a bottom formation in the stock price cycle, offering a good return when shares are in an uptrend.
- Long-term prospects for robust copper demand support the investment in Grupo México.
A “Hold” rating on Grupo México, S.A.B. de C.V.
This analysis confirms a “Hold” rating on the shares of Grupo México, S.A.B. de C.V. ( GMBXF ), a Mexican copper miner as well as freight transport operator and infrastructure company worldwide, as the same rating was assigned in the previous analysis .
This analysis sees the opportunity for the formation of an attractive low point in the stock price cycle, which could make it possible to achieve a very good return when the shares of Grupo México are back in an uptrend mode....
Read the full article on Seeking Alpha
For further details see:
Grupo México: For Long-Term Holders, A Correction May Be Coming