America Movil SAB de CV (NASDAQ:AMOV) was upgraded by analysts at Bank of America Corp. from a “neutral” rating to a “buy” rating in a report issued on Tuesday.

Separately, Citigroup Inc. upgraded America Movil SAB de CV from a “sell” rating to a “neutral” rating in a report on Friday, October 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $14.74.

Analyst Recommendations for America Movil SAB de CV (NASDAQ:AMOV)

Shares of America Movil SAB de CV (NASDAQ:AMOV) opened at 11.27 on Tuesday. The firm has a 50-day moving average of $0.00 and a 200 day moving average of $0.00. America Movil SAB de CV has a 52-week low of $10.83 and a 52-week high of $17.15.

Several institutional investors have recently modified their holdings of AMOV. Alpha Cubed Investments LLC purchased a new position in shares of America Movil SAB de CV during the second quarter worth $470,000. RMB Capital Management LLC purchased a new position in shares of America Movil SAB de CV during the third quarter worth $226,000. OTA Financial Group L.P. raised its position in shares of America Movil SAB de CV by 60.2% in the second quarter. OTA Financial Group L.P. now owns 35,730 shares of the company’s stock worth $435,000 after buying an additional 13,422 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of America Movil SAB de CV by 1,362.7% in the third quarter. Wells Fargo & Company MN now owns 12,301 shares of the company’s stock worth $140,000 after buying an additional 11,460 shares during the last quarter.

About America Movil SAB de CV

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.

5 Day Chart for NASDAQ:AMOV

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