Amer Movil (AMX) Trading 2.1% Higher
Amer Movil (NYSE:AMX) traded up 2.1% during mid-day trading on Thursday . The company traded as high as $12.04 and last traded at $12.03, with a volume of 2,056,024 shares trading hands. The stock had previously closed at $11.78.
A number of equities research analysts recently issued reports on the stock. Bank of America Corp. cut shares of Amer Movil from a “buy” rating to a “neutral” rating in a research note on Thursday, April 28th. Scotiabank cut shares of Amer Movil from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, April 28th. JPMorgan Chase & Co. cut shares of Amer Movil from a “neutral” rating to an “underweight” rating and set a $13.00 price target on the stock. in a research note on Thursday, April 28th. BTIG Research assumed coverage on shares of Amer Movil in a research note on Wednesday, June 22nd. They issued a “neutral” rating on the stock. Finally, Barclays PLC dropped their price target on shares of Amer Movil from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, July 18th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.01.
The company has a 50-day moving average of $12.11 and a 200-day moving average of $13.26. The company has a market cap of $39.48 billion and a price-to-earnings ratio of 28.62.
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.
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