UBS AG lowered shares of America Movil S.A.B. de C.V. (NYSE: AMX) from a buy rating to a neutral rating in a research report released on Wednesday morning.
Several other analysts have also recently commented on the stock. Analysts at Scotiabank cut their price target on shares of America Movil S.A.B. de C.V. from $24.00 to $20.00 in a research note to investors on Tuesday. Separately, analysts at JPMorgan Chase cut their price target on shares of America Movil S.A.B. de C.V. from $28.00 to $23.00 in a research note to investors on Friday, February 15th. They now have a neutral rating on the stock. Finally, analysts at Bank of America downgraded shares of America Movil S.A.B. de C.V. from a buy rating to a neutral rating in a research note to investors on Wednesday, February 13th.
Four equities research analysts have rated the stock with a buy rating, two have assigned an overweight rating, nine have given a hold rating, one has given an underweight rating, and three have given a sell rating to the company. The company has a consensus rating of hold and a consensus target price of $28.64.
America Movil S.A.B. de C.V. traded down 0.20% on Wednesday, hitting $22.045. America Movil S.A.B. de C.V. has a 52-week low of $21.77 and a 52-week high of $28.47. The stock’s 50-day moving average is currently $24.32. The company has a market cap of $83.596 billion and a price-to-earnings ratio of 11.75.
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