Barclays Downgrades Grupo Bimbo (GRBMF) to Underweight

Barclays lowered shares of Grupo Bimbo (OTCMKTS:GRBMF) from an equal weight rating to an underweight rating in a report issued on Wednesday.

Grupo Bimbo (GRBMF) opened at $2.40 on Wednesday. Grupo Bimbo has a twelve month low of $2.17 and a twelve month high of $2.67.

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Grupo Bimbo Company Profile

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.

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