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América Móvil (AMX) Stock Forecast & Price Target

$16.89
-0.21 (-1.23%)
(As of 07/26/2024 ET)

América Móvil - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for América Móvil in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 1 has given a sell rating, 1 has given a hold rating, and 6 have given a buy rating for AMX.

Consensus Price Target

$21.65
28.20% Upside
High Forecast$25.00
Average Forecast$21.65
Low Forecast$17.50

According to the 8 analysts' twelve-month price targets for América Móvil, the average price target is $21.65. The highest price target for AMX is $25.00, while the lowest price target for AMX is $17.50. The average price target represents a forecasted upside of 28.20% from the current price of $16.89.

TypeCurrent Forecast
7/27/23 to 7/26/24
1 Month Ago
6/27/23 to 6/26/24
3 Months Ago
4/28/23 to 4/27/24
1 Year Ago
7/27/22 to 7/27/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$21.65$21.69$21.97$22.57
Forecasted Upside28.20% Upside21.58% Upside18.30% Upside11.60% Upside
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AMX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AMX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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América Móvil Stock vs. The Competition

TypeAmérica MóvilComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.63
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside28.20% Upside554.05% Upside9.10% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/18/2024UBS Group
4 of 5 stars
 Lower TargetBuy ➝ Buy$23.30 ➝ $22.60+27.25%
7/17/2024Scotiabank
5 of 5 stars
 Lower TargetSector Perform ➝ Sector Perform$19.00 ➝ $18.90+5.06%
4/29/2024The Goldman Sachs Group
2 of 5 stars
 UpgradeNeutral ➝ Buy$21.00 ➝ $22.00+16.83%
4/1/2024JPMorgan Chase & Co.
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 Boost TargetUnderweight ➝ Underweight$15.00 ➝ $17.50-6.77%
2/16/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$19.16 ➝ $22.22+24.41%
10/20/2023HSBC
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 UpgradeHold ➝ Buy$21.50+29.99%
10/5/2023Bank of America
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 UpgradeNeutral ➝ Buy$23.00 ➝ $25.00+48.10%
8/17/2023Citigroup
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 UpgradeNeutral ➝ Buy$23.50+26.07%
5/16/2023New Street Research
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 UpgradeNeutral ➝ Buy$21.00 ➝ $27.00+18.37%
10/17/2022Barclays
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 Lower TargetOverweight$22.00 ➝ $20.00+23.84%
9/20/2022Piper Sandler
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 UpgradeNeutral ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:46 AM ET.

AMX Forecast - Frequently Asked Questions

What is América Móvil's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for América Móvil is $21.65, with a high forecast of $25.00 and a low forecast of $17.50.

Should I buy or sell América Móvil stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for América Móvil in the last year. There is currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AMX shares.

Does América Móvil's stock price have much upside?

According to analysts, América Móvil's stock has a predicted upside of 20.90% based on their 12-month stock forecasts.

Has América Móvil been upgraded by Wall Street analysts recently?

Over the previous 90 days, América Móvil's stock had 1 upgrade by analysts.

What analysts cover América Móvil?

América Móvil has been rated by research analysts at Scotiabank, The Goldman Sachs Group, and UBS Group in the past 90 days.

Do Wall Street analysts like América Móvil more than its competitors?

Analysts like América Móvil more than other "computer and technology" companies. The consensus rating score for América Móvil is 2.63 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how AMX compares to other companies.


This page (NYSE:AMX) was last updated on 7/26/2024 by MarketBeat.com Staff

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