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America Movil, S.a.b. De C.v. (AMX) [hlAlert]

Rating:
Equal Weight
AMX
up 8.06 %

America Movil, S.a.b. De C.v. (AMX) rated Equal Weight with price target $24 by Barclays

Posted on: Friday,  Jul 18, 2014  12:00 AM ET by Barclays

Barclays rated Equal Weight America Movil, S.a.b. De C.v. (NYSE: AMX) on 07/18/2014. Previously Barclays rated Underweight America Movil, S.a.b. De C.v. (NYSE:
AMX) on 02/20/2014., when the stock price was $19.97. Since then, America Movil, S.a.b. De C.v. has lost 7.46% as of 08/27/2015's recent price of $18.48.
If you would have followed the previous Barclays's recommendation on AMX, you would have gained 8.06% of your investment in 553 days.

America Movil S.A.B. DE C.V. (America Movil) is a provider of wireless communications services in Latin America. As of December 31, 2008, it had 182.7 million subscribers in 17 countries. Through Radiomovil Dipsa, S.A. de C.V., which operates under the name Telcel, the Company, provides mobile telecommunications service in all nine regions in Mexico. As of December 31, 2008, Telcel had 56.4 million subscribers in Mexico. The Company operates in Brazil through its subsidiaries, Claro S.A. and Americel S.A. (Americel), under the unified brand name Claro. Its network covers the main cities in Brazil, including Sao Paulo and Rio de Janeiro. The Company provides wireless services in Argentina, Paraguay, Uruguay and Chile. America Movil provides wireless services in Colombia under the Comcel brand. It also provides fixed-line and wireless services in Guatemala, El Salvador, Nicaragua and Panama. In August 2008, the Company acquired 100% interest in Estesa Holding Corp.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2014 12:00 AM Sell
None
23.81 24.00
as of 10/17/2014
1 Week up  0.37 %
1 Month up  8.83 %
3 Months down  -0.62 %
1 YTD down  -0.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2014 2:25 PM Sell
None
19.97 20.00

(*) Stock Price at the time of the recommendation.
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