America Movil S.A.B. de C.V. (AMX) Receives ‘Analyst’ Rating

America Movil S.A.B. de C.V. (AMX) has an average broker rating of 3.22, which is interpreted as a Hold, as rated by 9 equity analysts. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

America Movil S.A.B. de C.V. (AMX) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $19 and the lowest price target forecast is $13. The average forecast of all the analysts is $15 and the expected standard deviation is $2.31.


Also, Brokerage firm Barclays maintains its rating on America Movil S.A.B. de C.V. (NYSE:AMX). As per the latest information, the brokerage house lowers the price target to $13 per share from a prior target of $14. The shares have been rated Equalweight. The rating by the firm was issued on July 18, 2016.

America Movil S.A.B. de C.V. (NYSE:AMX): The stock opened in the green at $11.55 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $11.77 and a low of $11.51 for the day. The stock did not find buyers even at the lows and closed at $11.55 recording a loss of -0.26%. 3,179,066 shares exchanged hands during the trading day. The stock had closed at $11.58 in the previous days trading.

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 Companys 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.

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