America Movil SAB de CV Given “Neutral” Rating at Zacks (AMX)
America Movil SAB de CV (NYSE:AMX)‘s stock had its “neutral” rating reiterated by Zacks in a research report issued to clients and investors on Friday. They currently have a $21.00 price target on the stock. Zacks‘s price objective points to a potential upside of 6.65% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of America Movil SAB de CV in a research note on Monday, May 19th. They now have a $20.00 price target on the stock. Finally, analysts at Itau BBA Securities upgraded shares of America Movil SAB de CV from a “market perform” rating to an “outperform” rating in a research note on Wednesday, April 23rd. They now have a $21.00 price target on the stock, down previously from $22.00. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $20.87.
America Movil SAB de CV (NYSE:AMX) traded up 1.83% during mid-day trading on Friday, hitting $20.05. 4,868,778 shares of the company’s stock traded hands. America Movil SAB de CV has a 52-week low of $19.01 and a 52-week high of $23.75. The stock has a 50-day moving average of $19.92 and a 200-day moving average of $20.63. The company has a market cap of $69.764 billion and a P/E ratio of 14.92.
America Movil SAB de CV (NYSE:AMX) last announced its earnings results on Thursday, May 1st. The company reported $0.31 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.41 by $0.10. Analysts expect that America Movil SAB de CV will post $1.82 EPS for the current fiscal year.
America Movil SAB de CV is a Mexico-based company, which is primarily engaged in the provision of wireless communications services in Latin America.
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