Legal & General Group Plc Buys New Shares in Coca Cola Femsa

Legal & General Group Plc has acquired a new position in shares of Coca Cola Femsa S.A.B. de C.V., purchasing 74,092 shares valued at approximately $14,146,000.

This is not the only recent investment in Coca Cola Femsa; Bank of New York Mellon Corp purchased a new stake in shares during the second quarter worth around $2,769,992,000, while BlackRock Inc. bought a new position worth approximately $1,017,381,000.

Analysts have also weighed in on Coca Cola Femsa's performance, with JPMorgan Chase & Co. raising their price objective from $114.00 to $127.00 and giving the company a 'neutral' rating.