Bank of America Securities analyst Lucca Brendim maintained a Buy rating on America Movil yesterday. The company’s shares closed yesterday at $21.14.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Brendim covers the Communication Services sector, focusing on stocks such as TIM, America Movil, and America Movil SAB de CV. According to TipRanks, Brendim has an average return of 15.2% and a 66.67% success rate on recommended stocks.
America Movil has an analyst consensus of Moderate Buy, with a price target consensus of $20.38.
Based on America Movil’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $233.79 billion and a net profit of $22.28 billion. In comparison, last year the company earned a revenue of $205.52 billion and had a GAAP net loss of $1.09 billion
Read More on AMX: