Scotiabank Cuts PT on América Móvil (AMX) – Here’s Why

1 hour ago 1

Noor Ul Ain Rehman

Sat, June 27, 2026 astatine 2:10 PM CDT 2 min read

América Móvil, S.A.B. de C.V. (NYSE:AMX) is 1 of the champion debased volatility stocks to bargain nether $50. Scotiabank chopped the terms people connected América Móvil, S.A.B. de C.V. (NYSE:AMX) to $20.80 from $21.80 connected May 27 and maintained a Sector Perform standing connected the shares, telling investors that the steadfast updated its terms targets for LatAm Telecom stocks nether its coverage. It further stated that the planetary hazard premium for holding stocks versus bonds has diminished, and the LatAm telecom assemblage is nary exception.

Is América Móvil SAB de CV (AMX) the Best Communication and Media Stock to Buy According to Analysts?

For reference, successful its fiscal results for fiscal Q1 2026, América Móvil, S.A.B. de C.V. (NYSE:AMX) reported that it added 3.0 cardinal wireless subscribers successful the quarter, each of them postpaid, having disconnected 90 1000 prepaid subscribers. Mobile work gross maturation for the 4th reached 6.4% year-on-year, with prepaid gross expanding 5.0% and postpaid gross 7.3%. It added that fiscal Q1 gross was 2.1% higher than a twelvemonth agone successful Mexican peso terms, to 237 cardinal Mexican pesos.

América Móvil, S.A.B. de C.V. (NYSE:AMX) is progressive successful the proviso of telecommunications services. The company's operations are divided into the pursuing segments: Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone (Argentina, Chile, Paraguay and Uruguay), Andean Region (Ecuador and Peru), Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama), the Caribbean (the Dominican Republic and Puerto Rico) and Europe (Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia).

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