America Movil S.A.B. de C.V. Lowered to “Neutral” at HSBC (AMX) - InvestingChannel

America Movil S.A.B. de C.V. Lowered to “Neutral” at HSBC (AMX)

America Movil S.A.B. de C.V. (NYSE: AMX)

Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet downgraded shares of America Movil S.A.B. de C.V. from a ?buy? rating to a ?hold? rating in a research note to investors on Wednesday. Separately, analysts at Credit Suisse downgraded shares of America Movil S.A.B. de C.V. from an ?outperform? rating to a ?neutral? rating in a research note to investors on Tuesday. Finally, analysts at S&P Equity Research upgraded shares of America Movil S.A.B. de C.V. from a ?sell? rating to a ?hold? rating in a research note to investors on Monday. They now have a $22.00 price target on the stock.

Three investment analysts have rated the stock with a buy rating, two have given an overweight rating, nine have assigned a hold rating, and three have assigned a sell rating to the stock. The stock currently has an average rating of ?hold? and an average price target of $28.01.

Shares of America Movil S.A.B. de C.V. opened at 20.55 on Wednesday. America Movil S.A.B. de C.V. has a 52 week low of $20.25 and a 52 week high of $28.47. The stock?s 50-day moving average is currently $23.06. The company has a market cap of $77.927 billion and a P/E ratio of 10.93. America Movil S.A.B. DE C.V. (America Movil) is a provider of wireless communications services in Latin America.