With a more favourable environment, INDUSTRIAS BACHOCO improves to Positive
INDUSTRIAS BACHOCO (MX), a company active in the Food Products industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date January 28, 2022, the closing price was MXN 71.04 and its potential was estimated at MXN 78.42.Industrias Bachoco is a holding company. Through its subsidiaries, Co. is engaged in breeding, processing and marketing poultry (chicken and eggs), the production and selling of balanced feed, live swine, beef and turkey value-added products, as well as a laboratory that produces vaccines for the poultry industry as well as other similar industries. Co. owns and manages more than a thousand facilities, organized in nine production complexes and 66 distribution centers in Mexico, and one production complex in the United States.
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