America Movil SAB de CV (NYSE:AMX)‘s stock had its “buy” rating restated by stock analysts at Barclays PLC in a note issued to investors on Friday. They presently have a $18.00 target price on the Wireless communications provider’s stock, up from their prior target price of $17.00. Barclays PLC’s target price would indicate a potential upside of 3.09% from the company’s current price.

Several other equities analysts have also recently issued reports on AMX. Zacks Investment Research raised America Movil SAB de CV from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Thursday, April 6th. Deutsche Bank AG raised America Movil SAB de CV from a “sell” rating to a “hold” rating and set a $10.00 price objective for the company in a report on Monday, April 24th. Credit Suisse Group AG reaffirmed a “hold” rating and set a $16.00 price objective on shares of America Movil SAB de CV in a report on Wednesday, April 26th. Royal Bank Of Canada set a $12.00 price objective on America Movil SAB de CV and gave the stock a “sell” rating in a report on Wednesday, May 3rd. Finally, J P Morgan Chase & Co reaffirmed an “underweight” rating and set a $13.00 price objective (up from $11.00) on shares of America Movil SAB de CV in a report on Monday, June 5th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. America Movil SAB de CV has a consensus rating of “Hold” and a consensus price target of $13.78.

America Movil SAB de CV (NYSE AMX) traded up 1.10% on Friday, reaching $17.46. The company had a trading volume of 1,599,441 shares. America Movil SAB de CV has a 52-week low of $11.02 and a 52-week high of $17.52. The company’s 50-day moving average is $16.26 and its 200-day moving average is $14.50. The company has a market capitalization of $57.43 billion, a PE ratio of 25.68 and a beta of 0.53.

TRADEMARK VIOLATION NOTICE: This piece was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/22/america-movil-sab-de-cvs-amx-buy-rating-reiterated-at-barclays-plc.html.

Several institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in America Movil SAB de CV during the first quarter worth $142,000. Cambridge Investment Research Advisors Inc. bought a new position in America Movil SAB de CV during the first quarter worth $143,000. Fox Run Management L.L.C. bought a new position in America Movil SAB de CV during the first quarter worth $145,000. Conservest Capital Advisors Inc. bought a new position in America Movil SAB de CV during the first quarter worth $190,000. Finally, Ronald Blue & Co. LLC boosted its position in America Movil SAB de CV by 25.7% in the first quarter. Ronald Blue & Co. LLC now owns 13,539 shares of the Wireless communications provider’s stock worth $191,000 after buying an additional 2,768 shares during the period. 8.26% of the stock is owned by institutional investors.

America Movil SAB de CV Company Profile

America Movil, SAB. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services.

Analyst Recommendations for America Movil SAB de CV (NYSE:AMX)

Receive News & Ratings for America Movil SAB de CV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for America Movil SAB de CV and related companies with MarketBeat.com's FREE daily email newsletter.