Wall Street’s take on America Movil
In the preceding part of this series, we looked at some valuation aspects of America Movil’s (AMX) proposition in the telecom market. In this part, we’ll look at the analyst recommendations for America Movil stock.
As of January 19, 2017, the majority of analysts have recommended a “hold” on America Movil stock. These recommendations represent ~53.3% of the total 15 analysts covering the stock. Meanwhile, ~20.0% of analysts recommended “buy” on the stock. The remaining ~26.7% of the recommendations were “sell.”
The median target price set by analysts for America Movil was $13.20 as of January 19, 2017. The carrier’s closing price was $12.42 as of the same date.
America Movil’s stock price performances
Now let’s look at America Movil’s stock price performance over the past one-year and one-month periods. As of January 19, 2017, America Movil’s stock price has risen ~0.49% in the past year. America Movil’s stock price rose ~1.1% in the past month as of the same date.
By comparison, as of January 19, 2017, US telecom companies Verizon Communications (VZ), AT&T (T), T-Mobile (TMUS), and Sprint (S) have risen ~16.7%, ~18.8%, ~59.6%, and ~239.8%, respectively, in the past year.