America Movil SAB de CV (AMX) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of America Movil SAB de CV (NYSE:AMX) have received an average recommendation of “Hold” from the twelve analysts that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $16.93.

Several research firms have recently commented on AMX. Credit Suisse Group raised shares of America Movil SAB de CV from a “neutral” rating to an “outperform” rating in a research report on Friday, October 20th. Barclays reiterated a “buy” rating and set a $21.00 price objective on shares of America Movil SAB de CV in a research note on Friday. Zacks Investment Research downgraded America Movil SAB de CV from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 16th. Deutsche Bank upgraded America Movil SAB de CV from a “hold” rating to a “buy” rating and boosted their price objective for the company from $20.00 to $21.00 in a research note on Monday, October 16th. Finally, TheStreet downgraded America Movil SAB de CV from a “b-” rating to a “c+” rating in a research note on Thursday, November 9th.

Several large investors have recently made changes to their positions in AMX. Quantbot Technologies LP bought a new position in shares of America Movil SAB de CV during the 3rd quarter valued at approximately $120,000. Well Done LLC bought a new position in America Movil SAB de CV in the 3rd quarter worth approximately $181,000. Atria Investments LLC bought a new position in America Movil SAB de CV in the 4th quarter worth approximately $185,000. Candriam Luxembourg S.C.A. bought a new position in America Movil SAB de CV in the 3rd quarter worth approximately $216,000. Finally, Bayesian Capital Management LP bought a new position in America Movil SAB de CV in the 2nd quarter worth approximately $217,000. Institutional investors own 7.49% of the company’s stock.

Shares of America Movil SAB de CV (NYSE AMX) opened at $18.30 on Friday. America Movil SAB de CV has a 52-week low of $12.00 and a 52-week high of $19.50. The company has a market cap of $59,900.00, a PE ratio of 32.11, a PEG ratio of 0.29 and a beta of 0.52. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.71 and a current ratio of 0.80.

TRADEMARK VIOLATION WARNING: “America Movil SAB de CV (AMX) Receives Consensus Recommendation of “Hold” from Brokerages” was reported by American Banking News and is owned by of American Banking News. If you are reading this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this article can be read at https://www.americanbankingnews.com/2018/01/19/america-movil-sab-de-cv-amx-receives-consensus-recommendation-of-hold-from-brokerages.html.

About America Movil SAB de CV

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.

Latest News

Leave a Reply