America Movil SAB de CV (ADR) (AMX) is Upgraded by BofA/Merrill to Buy

America Movil SAB de CV (ADR) (AMX) was Upgraded by BofA/Merrill to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. BofA/Merrill advised their investors in a research report released on Nov 22, 2016.

Many Wall Street Analysts have commented on America Movil SAB de CV (ADR). America Movil SAB de CV (ADR) was Upgraded by Citigroup to ” Neutral” on Oct 28, 2016.

America Movil SAB de CV (ADR) closed down -0.2 points or -1.75% at $11.26 with 51,02,069 shares getting traded on Monday. Post opening the session at $11.48, the shares hit an intraday low of $11.235 and an intraday high of $11.64 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

America Movil S.A.B. de C.V. (America Movil) is a holding company. The Company provides telecommunications services in 25 countries. It provides wireless fixed-line broadband and pay television services. The Company’s segments include Mexico Wireless Mexico Fixed-Line Brazil Colombia Southern Cone Andean Region Central America United States Caribbean and Europe. Southern Cone includes Argentina Chile Paraguay and Uruguay. Andean Region includes Ecuador and Peru. Central America includes Costa Rica El Salvador Guatemala Honduras Nicaragua and Panama. Caribbean includes the Dominican Republic and Puerto Rico. Europe includes Austria Belarus Bulgaria Croatia Macedonia Serbia and Slovenia. The Company offers data services including short message services (SMS) multimedia messaging service (MMS) mobile entertainment services data-transmission Internet browsing and e-mail services.

America Movil SAB de CV (ADR)

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