Could América Móvil, S.A.B. de C.V. (AMX) Lose Strenght? The Stock Increases A Lot Today

February 14, 2018 - By Michael Collier

The stock of América Móvil, S.A.B. de C.V. (NYSE:AMX) is a huge mover today! The stock increased 4.82% or $0.86 during the last trading session, reaching $18.7. About 3.45M shares traded or 63.23% up from the average. América Móvil, S.A.B. de C.V. (NYSE:AMX) has risen 26.88% since February 14, 2017 and is uptrending. It has outperformed by 10.18% the S&P500.
The move comes after 5 months positive chart setup for the $64.22B company. It was reported on Feb, 14 by Barchart.com. We have $19.45 PT which if reached, will make NYSE:AMX worth $2.57 billion more.

América Móvil, S.A.B. de C.V. (NYSE:AMX) Ratings Coverage

Among 10 analysts covering America Movil S.A.B. (NYSE:AMX), 6 have Buy rating, 2 Sell and 2 Hold. Therefore 60% are positive. America Movil S.A.B. had 28 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underperform” rating by RBC Capital Markets given on Wednesday, October 21. Barclays Capital maintained the shares of AMX in report on Monday, July 18 with “Equalweight” rating. On Monday, October 12 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The stock of América Móvil, S.A.B. de C.V. (NYSE:AMX) earned “Neutral” rating by Citigroup on Friday, October 28. The rating was upgraded by JP Morgan to “Neutral” on Thursday, December 17. Credit Suisse maintained the stock with “Hold” rating in Wednesday, June 7 report. The rating was initiated by Credit Suisse with “Neutral” on Monday, December 7. The stock of América Móvil, S.A.B. de C.V. (NYSE:AMX) earned “Overweight” rating by Barclays Capital on Monday, April 10. The stock has “Neutral” rating by Macquarie Research on Tuesday, November 17. The company was maintained on Friday, July 21 by RBC Capital Markets.

More notable recent América Móvil, S.A.B. de C.V. (NYSE:AMX) news were published by: Quotes.Wsj.com which released: “America Movil SAB de CV ADR AMX (US: NYSE)” on February 11, 2011, also Etfdailynews.com with their article: “America Movil Offers A Rare Value Opportunity In The Telecom Space” published on February 15, 2017, Marketwatch.com published: “America Movil SAB de CV ADR” on June 14, 2017. More interesting news about América Móvil, S.A.B. de C.V. (NYSE:AMX) were released by: Fool.com and their article: “Why America Movil SAB de CV (ADR) Stock Jumped” published on October 28, 2016 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For February 13, 2018” with publication date: February 13, 2018.

América Móvil, S.A.B. de C.V. provides telecommunications services in Mexico and internationally. The company has market cap of $64.22 billion. The firm offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It has a 33.39 P/E ratio. 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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