America Movil S.A.B. de C.V. (AMX) Receives Price Target

America Movil S.A.B. de C.V. (AMX) : The consensus price target for America Movil S.A.B. de C.V. (AMX) is $15.43 for the short term with a standard deviation of $2.15. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $19, however, the pessimist price target for the company is $13.

America Movil S.A.B. de C.V. (AMX) : The consensus on America Movil S.A.B. de C.V. (AMX) based on 9 analyst recommendation on the company stock is 3.22, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

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Also, In a research note released to the investors, Barclays maintains its rating on America Movil S.A.B. de C.V. (NYSE:AMX).The analysts at the brokerage house have a current rating of Equalweight on the shares. In a recent information released to the investors, Barclays lowers the new price target from $14 per share to $13 per share. The rating by the firm was issued on July 18, 2016.

America Movil S.A.B. de C.V. (NYSE:AMX): The stock opened at $11.94 on Thursday but the bulls could not build on the opening and the stock topped out at $11.95 for the day. The stock traded down to $11.67 during the day, due to lack of any buying support eventually closed down at $11.82 with a loss of -1.25% for the day. The stock had closed at $11.97 on the previous day. The total traded volume was 3,099,168 shares.

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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