America Movil SAB de CV (NYSE:AMOV) had its price target lifted by equities research analysts at JPMorgan Chase & Co. from $14.50 to $19.00 in a research report issued on Thursday. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential downside of 0.84% from the company’s previous close.

Several other equities research analysts also recently issued reports on AMOV. BidaskClub raised shares of America Movil SAB de CV from a “hold” rating to a “buy” rating in a research report on Monday, October 23rd. TheStreet downgraded shares of America Movil SAB de CV from a “b-” rating to a “c+” rating in a research report on Friday, October 27th. Four equities research analysts have rated the stock with a hold rating, America Movil SAB de CV currently has an average rating of “Hold” and a consensus price target of $19.00.

Shares of America Movil SAB de CV (AMOV) traded up $0.56 during mid-day trading on Thursday, hitting $19.16. 780 shares of the stock traded hands, compared to its average volume of 7,129. America Movil SAB de CV has a 52 week low of $12.18 and a 52 week high of $19.16. The company has a market capitalization of $62,020.00, a P/E ratio of 33.33 and a beta of 0.66.

A hedge fund recently bought a new stake in America Movil SAB de CV stock. Regal Investment Advisors LLC bought a new stake in America Movil SAB de CV (NYSE:AMOV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,372 shares of the company’s stock, valued at approximately $193,000.

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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.

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