Megacable stock: HSBC upgrades rating, lifts target to MXN 75
Published on 11/03/2026 at 02:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHSBC raises its valuation target
- HSBC upgraded Megacable to Buy on October 13, 2026.
- The broader analyst consensus remains positive, with most tracked analysts rating the shares Buy.
HSBC upgraded Megacable to Buy on October 13, 2026, and lifted its price target to MXN 75.00 from MXN 67.00. The move gives investors a fresh valuation reference for the Mexican cable and communications group.
HSBC takes a more positive view
The upgrade and target change are listed by Investing.com. The financial website also shows a consensus rating of Buy based on 13 analysts, including nine Buy ratings, four Holds and one Sell.
The average 12-month analyst target is MXN 70.238, while the published range extends from MXN 52.10 to MXN 84.00. HSBC's revised target therefore sits above the consensus average but below the highest estimate, highlighting a constructive view without representing the most optimistic published scenario.
What investors should watch next
Megacable's next results date was listed as October 29, 2026, in the company's coverage on the topic page. Earnings updates can test whether the assumptions behind the higher target are supported by subscriber growth, pricing and operating performance.
For wider coverage of Mexican and international equities, see Current market reports.
More news and analyses are available on Megacable stock.
Megacable Holdings
- Company: Megacable Holdings S.A.B. de C.V.
- ISIN: MXP606941013
- Analyst action: HSBC upgraded the rating to Buy on October 13, 2026
- Price target: MXN 75.00, raised from MXN 67.00
- Analyst consensus: Buy, based on 13 analysts
