America Movil, S.A.B. de C.V. (AMX) Earning Somewhat Favorable News Coverage, Analysis Finds

News stories about America Movil, S.A.B. de C.V. (NYSE:AMX) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. America Movil, S.A.B. de C.V. earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the Wireless communications provider an impact score of 44.7421785851756 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Several research firms recently commented on AMX. Credit Suisse Group set a $16.00 price objective on shares of America Movil, S.A.B. de C.V. and gave the company a “hold” rating in a research report on Thursday, June 8th. Morgan Stanley raised shares of America Movil, S.A.B. de C.V. from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $16.00 to $21.00 in a research report on Thursday, August 10th. Barclays PLC reaffirmed a “buy” rating and issued a $18.00 price objective (up from $17.00) on shares of America Movil, S.A.B. de C.V. in a research report on Friday, July 21st. Zacks Investment Research raised shares of America Movil, S.A.B. de C.V. from a “strong sell” rating to a “hold” rating and set a $21.00 price objective on the stock in a research report on Monday, August 14th. Finally, UBS AG cut shares of America Movil, S.A.B. de C.V. from a “market perform” rating to an “underperform” rating in a research report on Wednesday, August 23rd. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $15.21.

Shares of America Movil, S.A.B. de C.V. (AMX) traded up 0.05% during midday trading on Thursday, reaching $18.53. 1,085,976 shares of the company’s stock traded hands. America Movil, S.A.B. de C.V. has a 12 month low of $11.02 and a 12 month high of $19.05. The stock has a 50 day moving average of $18.34 and a 200-day moving average of $16.03. The stock has a market cap of $60.92 billion, a P/E ratio of 23.76 and a beta of 0.54.

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About America Movil, S.A.B. de C.V.

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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