Cox

Analyst coverage and recommendations

Analyst coverage

Broker

Analyst

Recommendation

Target price

Date

Santander

Fernando Lafuente, Francisco Bores

BUY

15.40€

24/12/2024

JB Capital

Peter Bisztyga

BUY

17.00€

24/12/2024

Citibank

Jenny Ping, Ella Walker Hunt

NEUTRAL

11.90€

24/12/2024

Bank of America

Jorge Guimares, Ignacio Domenech

NEUTRAL

13.00€

24/12/2024

Alantra

Oscar Najar, Lourdes Dominguez

BUY

14,8€

11/03/2025

Cox regularly posts an average of the Target Prices published by entities and professionals that periodically issue investment recommendations on Cox in the “Analysts” section of its website (hereinafter “Analysts”). This list is not exhaustive. It does not include all the entities and professionals that issue investment recommendations on Cox and is subject to change. Also, due to the dynamic nature of this information, it may not be perfectly updated at all times.
This information is provided voluntarily by Cox for merely informative purposes. Cox has no intention of providing any type of investment-related recommendation or assessment.
The interpretations, estimates, opinions, forecasts, predictions, price targets, hypotheses, conclusions, and recommendations, in addition to any non-factual information related to Cox’s performance analyzed by the Analysts, are exclusively theirs and, therefore, do not represent the interpretations, estimates, opinions, forecasts, predictions, target prices, hypotheses, conclusions, or recommendations of Cox or any of its directors or employees.
The publication of this list or of information on Analyst coverage, including the estimated results consensus or the average of the target prices, does not imply any type of endorsement or ratification by Cox of the interpretations, estimates, opinions, forecasts, predictions, price targets, hypotheses, conclusions and recommendations of the Analysts. Cox does not guarantee and has not adopted any measure to verify the accuracy, suitability, or exhaustiveness of this information, and under no circumstance does it assume responsibility for any inaccuracies, omissions, or errors contained therein; conclusions drawn therefrom; or any decision made based on this information. This declaration also applies to the Analysts’ obligation to document all circumstances that could reasonably jeopardize the objectivity of their recommendations and, in particular, all the relevant financial interests in the financial securities and instruments that constitute the object of the recommendation or conflicts of interest with the issuer to which the recommendation makes reference.

Luis Arizaga Zárate

Independent Director

Member of the Audit Committee

Date of appointment: September 17, 2024

Shareholding in Cox Abg Group, S.A.: 11,514 shares

Partner of Exus Management Partners (Exus) and GenuX Power, a global renewable energy platform with offices in nine countries, managing 11GW of installed capacity, including 2.6GW in Mexico between wind and solar energy projects. Holds a Master of Business Administration (MBA) from the Leonard N. Stern School of Business at NYU in New York, and a bachelors degree in Accounting and Finance from ITESM in Mexico.

Prior to joining EXUS in 2019, he founded EIRA Capital, an investment platform focused on Energy and Infrastructure transactions in Mexico, and Latin America. He was also part of Australia’s Macquarie Group in Latin America, where he spent more than 7 years in the Macquarie Capital and Macquarie Funds divisions, working on fund capital raising, equity investments, asset management activities, as well as third party advisory roles on energy and infrastructure transactions in Mexico and Latin America. During his years at Macquarie, he also held board positions in the several investments made by Macquarie which covered energy, public private partnerships, roads, and telecom companies. In addition, his previous involvement at financial institutions include positions in the investment banking teams of Deutsche Bank’s M&A group in New York, and Citibank’s M&A group in Mexico.

Other former relevant positions include his role as independent member of the investment committee of the Instituto del Fondo Nacional de la Vivienda para los Trabajadores (Mexican mortgages and housing government agency).

Enrique Riquelme Vives

Presidente Ejecutivo

Fecha de nombramiento: 17 de septiembre de 2024

Participación en el capital social de Cox Abg Group, S.A.: 50.601.230 acciones

Presidente Ejecutivo de Cox, tras iniciar su andadura profesional en el sector inmobiliario y de la construcción, en 2010 fundó Grupo El Sol en Panamá, especializado en operaciones de minería, cemento, infraestructuras y energía. Con el tiempo, la empresa se convertiría en el mayor proveedor de arena de la UTE responsable de la ampliación del canal de Panamá. Posteriormente, pasó a liderar las fases de oferta y desarrollo de Rainbow 50: el proyecto fotovoltaico de mayor envergadura ejecutado en América Latina hasta aquel momento.

Ha recibido varios galardones por su contribución al mundo empresarial en España, entre ellos el Premio del Certamen Nacional de Jóvenes Emprendedores 2018. También ha sido distinguido como uno de los «100 latinos más influyentes comprometidos con la acción climática» y uno de los «100 españoles más creativos del mundo de los negocios» según la revista Forbes. Actualmente, es miembro del Consejo Internacional de la San Telmo Business School y preside el Consejo Asesor de la Fundación Scholas para Panamá, Centroamérica y Caribe.