Grupo Bimbo traded at 56.55 this Tuesday July 14th, increasing 0.68 or 1.22 percent since the previous trading session. Looking back, over the last four weeks, Grupo Bimbo gained 2.65 percent. Over the last 12 months, its price rose by 11.47 percent. Looking ahead, we forecast Grupo Bimbo to be priced at 54.51 by the end of this quarter and at 49.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
Grupo Bimbo SAB de CV is a Mexico-based company engaged in the food processing sector. The Company focuses on the manufacture, distribution and sale of bread, breakfast bread muffins and bagels, frozen bread, cakes and smaller cakes, sweet and non-sweet cookies, tortillas, pita bread, pizza bread, tostadas and tortillas, snacks, salads and candies, among others. Its segments comprise Mexico; North America, including the United States and Canada; Organization Latinamerica (OLA), including Central and South America, and Europe. The Company operates in over 20 countries and has approximately 100 brands. The Company offers over 10,000 products under various brand names, such as Bimbo, Barcel, Sara Lee, Oroweat, Marinela, Arnold, Entenmann's, Ricolino, Dempster' and Thomas'. It operates through Groupe Adghal.