Shares of America Movil SAB de CV ADR Series L (NYSE:AMX) have been given a consensus recommendation of “Hold” by the twelve brokerages that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $18.20.

AMX has been the topic of several research reports. HSBC upgraded America Movil SAB de CV ADR Series L from a “hold” rating to a “buy” rating in a report on Friday, April 5th. ValuEngine upgraded America Movil SAB de CV ADR Series L from a “sell” rating to a “hold” rating in a report on Tuesday, April 9th. Itau BBA Securities downgraded America Movil SAB de CV ADR Series L from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 13th. JPMorgan Chase & Co. upgraded America Movil SAB de CV ADR Series L from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $16.00 to $17.00 in a report on Friday, April 5th. Finally, Zacks Investment Research downgraded America Movil SAB de CV ADR Series L from a “hold” rating to a “sell” rating in a report on Tuesday, February 12th.

Large investors have recently made changes to their positions in the company. Bruderman Asset Management LLC purchased a new position in shares of America Movil SAB de CV ADR Series L in the 4th quarter valued at $30,000. Vigilant Capital Management LLC purchased a new position in shares of America Movil SAB de CV ADR Series L in the 1st quarter valued at $32,000. Rehmann Capital Advisory Group increased its holdings in shares of America Movil SAB de CV ADR Series L by 437.8% in the 4th quarter. Rehmann Capital Advisory Group now owns 2,490 shares of the Wireless communications provider’s stock valued at $35,000 after acquiring an additional 2,027 shares during the period. Bremer Trust National Association purchased a new position in shares of America Movil SAB de CV ADR Series L in the 4th quarter valued at $41,000. Finally, Ipswich Investment Management Co. Inc. purchased a new position in shares of America Movil SAB de CV ADR Series L in the 4th quarter valued at $42,000. Institutional investors and hedge funds own 7.48% of the company’s stock.

AMX traded up $0.06 during trading on Monday, hitting $15.89. 1,238,310 shares of the stock were exchanged, compared to its average volume of 2,391,230. The company has a market capitalization of $52.50 billion, a P/E ratio of 20.69, a PEG ratio of 0.75 and a beta of 0.40. America Movil SAB de CV ADR Series L has a 1 year low of $12.00 and a 1 year high of $19.82. The company has a quick ratio of 0.61, a current ratio of 0.69 and a debt-to-equity ratio of 2.61.

America Movil SAB de CV ADR Series L (NYSE:AMX) last released its quarterly earnings data on Tuesday, February 12th. The Wireless communications provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.07). The firm had revenue of $13.23 billion for the quarter, compared to analysts’ expectations of $13.34 billion. America Movil SAB de CV ADR Series L had a return on equity of 22.77% and a net margin of 4.62%. Equities analysts anticipate that America Movil SAB de CV ADR Series L will post 1.08 earnings per share for the current year.

About America Movil SAB de CV ADR Series L

América Móvil, SAB. de C.V. provides telecommunications services in Latin America, the United States, the Caribbean, and Europe. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and data center, data administration, and hosting services to residential and corporate clients, as well as residential broadband services.

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Analyst Recommendations for America Movil SAB de CV ADR Series L (NYSE:AMX)

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