Covering the Mexican Economy, Actinver Research

Actinver

Our product offering is based on award winning forecasts and a deep understanding of artificial intelligence tools. 
We cover the Mexican economy with in-depth sector and state knowledge, as well as the integration with the U.S., providing high added value studies. 
To provide comprehensive coverage, we analyze the main macroeconomic variables, sectors, indexes and market information. 
Through solid statistical and computational tools we generate targeted investment strategies for clients with advanced investment profiles such as pension funds, hedge funds and others.

Covering the Mexican Economy

Actinver Research

Actinver is a mexican leading financial group, that generates well being for individuals and companies through advisory services that provides investment management to maintain and grow their wealth.

Macroeconomics

<ul>
<li>After updating some PTs to the downside, we lower our FY26 and 12M MEXBOL PTs to 68,000 and 73,500, respectively, a low-to-mid-single-digit decline vs. previous estimates, amid a lack of overall catalysts, while some companies hold attractive investment thesis and valuation levels.</li>
<li>In Consumer, we expect another soft quarter amid sluggish demand in Mexico and the U.S., FX headwinds and fading (company-specific) World Cup tailwinds.</li>
<li>We lower our PTs for 10 companies (out of 15), and raise them for KOF, FEMSA and TBBB. In Food &amp; Bev, we prefer Bimbo (Top Pick), AC and Sigma (new coverage); in Consumer Discretionary, Alsea; in HPC, Genomma Lab; and in Supermarkets, TBBB. </li>
</ul>


After updating some PTs to the downside, we lower our FY26 and 12M MEXBOL PTs to 68,000 and 73,500, respectively, a low-to-mid-single-digit decline vs. previous estimates, amid a lack of overall catalysts, while some companies hold attractive investment thesis and valuation levels.
In Consumer, we expect another soft quarter amid sluggish demand in Mexico and the U.S., FX headwinds and fading (company-specific) World Cup tailwinds.
We lower our PTs for 10 companies (out of 15), and raise them for KOF, FEMSA and TBBB. In Food &amp; Bev, we prefer Bimbo (Top Pick), AC and Sigma (new coverage); in Consumer Discretionary, Alsea; in HPC, Genomma Lab; and in Supermarkets, TBBB. 


Actinver Research - Mexico Equity Research: 3Q26 Preview