Wal-mart de Mexico S A B de C V (OTCMKTS:WMMVY) Earns Buy Rating from Analysts at Goldman Sachs Group

Goldman Sachs Group started coverage on shares of Wal-mart de Mexico S A B de C V (OTCMKTS:WMMVY) in a research note issued to investors on Tuesday, February 5th, The Fly reports. The brokerage issued a buy rating on the stock.

A number of other research analysts also recently issued reports on the stock. ValuEngine upgraded shares of Wal-mart de Mexico S A B de C V from a hold rating to a buy rating in a research report on Tuesday, October 16th. Zacks Investment Research upgraded shares of Wal-mart de Mexico S A B de C V from a sell rating to a hold rating and set a $29.00 price target on the stock in a research report on Saturday, January 12th.

OTCMKTS:WMMVY traded down $0.09 during mid-day trading on Tuesday, hitting $25.95. 42,144 shares of the company’s stock were exchanged, compared to its average volume of 50,392. Wal-mart de Mexico S A B de C V has a fifty-two week low of $23.08 and a fifty-two week high of $31.13. The company has a market cap of $48.58 billion, a PE ratio of 26.48, a P/E/G ratio of 2.12 and a beta of 0.53.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 18th. Stockholders of record on Monday, March 11th will be paid a $0.155 dividend. The ex-dividend date is Friday, March 8th. This represents a $0.62 annualized dividend and a dividend yield of 2.39%. This is a positive change from Wal-mart de Mexico S A B de C V’s previous quarterly dividend of $0.14. Wal-mart de Mexico S A B de C V’s payout ratio is currently 113.27%.

About Wal-mart de Mexico S A B de C V

Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount stores, hypermarkets, supermarkets, membership self-service wholesale stores, and pharmacies. It operates 1,820 Bodega Aurrerá discount stores, 270 Walmart hypermarkets, 94 Superama supermarkets, 162 Sam's Club membership self-service wholesale stores, and 10 Medimart pharmacies.

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The Fly

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