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AMX

America Movil, also tag AMOV

$16.98

0.06 (0.35%)

, AMOV

America Movil, also tag AMX

$16.95

0.31 (1.86%)

06:24
07/18/17
07/18
06:24
07/18/17
06:24

America Movil audits Guatemalan unit after probe into payments, Reuters says

America Movil is auditing its Guatemalan arm, Telecomunicaciones de Guatemala, or Telgua, after a United-Nations backed investigation raised concerns about payments made by a former executive to Alejandro Sinibaldi, the country's former communications minister, who has been on the run since June 2016, Reuters reports, citing a company spokesman. According to anti-corruption body CICIG, a former Telgua executive revealed the payments were made to secure favorable treatment in a dispute with rival Tigo, although the company spokesman said Telgua did not benefit from the payments. Reference Link

AMX

America Movil, also tag AMOV

$16.98

0.06 (0.35%)

AMOV

America Movil, also tag AMX

$16.95

0.31 (1.86%)

AMX America Movil, also tag AMOV
$16.98

0.06 (0.35%)

01/17/17
DBAB
01/17/17
NO CHANGE
DBAB
America Movil added to short-term sell list at Deutsche Bank
03/10/17
HSBC
03/10/17
DOWNGRADE
HSBC
Hold
America Movil downgraded to Hold from Buy at HSBC
04/10/17
LEHM
04/10/17
UPGRADE
Target $17
LEHM
Overweight
America Movil upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Amir Rozwadowski upgraded America Movil (AMX) to Overweight citing an attractive risk/reward profile amid prospects for easing competition. The analyst raised his price target for the shares to $17 from $14.
04/24/17
DBAB
04/24/17
UPGRADE
Target $15.3
DBAB
Hold
America Movil upgraded to Hold from Sell at Deutsche Bank
Deutsche Bank analyst Masha Kahn upgraded America Movil to Hold with an increased price target of $15.30. Following a trip to Mexico, the analyst is more confident that the "intense competition" in wireless in Mexico and Colombia is over. Kahn also highlights favorable recent currency moves.
AMOV America Movil, also tag AMX
$16.95

0.31 (1.86%)

01/12/17
DBAB
01/12/17
INITIATION
Target $10
DBAB
Sell
America Movil initiated with a Sell at Deutsche Bank
Deutsche Bank analyst Masha Kahn started America Movil with a Sell rating and $10 price target. The analyst believes the valuation "is not cheap enough" to make the risk/reward attractive.

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