Shares of America Movil, S.A.B. de C.V. (NYSE:AMX) have earned an average rating of “Hold” from the twelve analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $15.12.

A number of equities research analysts have issued reports on AMX shares. Zacks Investment Research lowered America Movil, S.A.B. de C.V. from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 18th. Royal Bank Of Canada set a $14.00 price target on America Movil, S.A.B. de C.V. and gave the company a “sell” rating in a research report on Friday, July 21st. ValuEngine raised America Movil, S.A.B. de C.V. from a “hold” rating to a “buy” rating in a research report on Monday, September 18th. Credit Suisse Group set a $16.00 price target on America Movil, S.A.B. de C.V. and gave the company a “hold” rating in a research report on Thursday, June 22nd. Finally, UBS AG lowered America Movil, S.A.B. de C.V. from a “market perform” rating to an “underperform” rating in a research report on Wednesday, August 23rd.

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Shares of America Movil, S.A.B. de C.V. (NYSE AMX) traded up 0.69% during trading on Wednesday, reaching $17.55. 832,068 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $18.29 and a 200 day moving average price of $16.68. America Movil, S.A.B. de C.V. has a 12-month low of $11.02 and a 12-month high of $19.05. The company has a market capitalization of $39.36 billion, a P/E ratio of 21.94 and a beta of 0.54.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ronald Blue & Co. LLC increased its position in America Movil, S.A.B. de C.V. by 1.0% during the second quarter. Ronald Blue & Co. LLC now owns 13,673 shares of the Wireless communications provider’s stock worth $218,000 after buying an additional 134 shares during the period. Point View Wealth Management Inc. increased its position in America Movil, S.A.B. de C.V. by 0.3% during the second quarter. Point View Wealth Management Inc. now owns 106,527 shares of the Wireless communications provider’s stock worth $1,696,000 after buying an additional 294 shares during the period. Wetherby Asset Management Inc. increased its position in America Movil, S.A.B. de C.V. by 1.7% during the second quarter. Wetherby Asset Management Inc. now owns 18,056 shares of the Wireless communications provider’s stock worth $287,000 after buying an additional 300 shares during the period. High Pointe Capital Management LLC increased its position in America Movil, S.A.B. de C.V. by 6.4% during the second quarter. High Pointe Capital Management LLC now owns 16,050 shares of the Wireless communications provider’s stock worth $256,000 after buying an additional 960 shares during the period. Finally, United Capital Financial Advisers LLC increased its position in America Movil, S.A.B. de C.V. by 0.6% during the first quarter. United Capital Financial Advisers LLC now owns 283,237 shares of the Wireless communications provider’s stock worth $4,013,000 after buying an additional 1,596 shares during the period. 7.64% of the stock is currently owned by institutional investors.

America Movil, S.A.B. de C.V. 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, S.A.B. de C.V. (NYSE:AMX)

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