Liberty Global PLC (LILA) Receives Average Rating of “Hold” from Brokerages

Liberty Global PLC (NASDAQ:LILA) has been given a consensus recommendation of “Hold” by the ten research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $29.44.

Several equities analysts recently weighed in on the company. Zacks Investment Research upgraded Liberty Global PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. HSBC Holdings plc assumed coverage on Liberty Global PLC in a research report on Monday, October 9th. They set a “reduce” rating and a $22.50 target price on the stock. Royal Bank Of Canada downgraded Liberty Global PLC from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $30.00 to $28.50 in a research report on Monday, July 24th. Buckingham Research assumed coverage on Liberty Global PLC in a research report on Friday, September 29th. They set a “buy” rating and a $30.00 target price on the stock. Finally, Barclays PLC lifted their target price on Liberty Global PLC from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, September 1st.

Shares of Liberty Global PLC (NASDAQ:LILA) traded down 0.55% during mid-day trading on Wednesday, reaching $21.79. The company had a trading volume of 430,215 shares. The firm has a 50 day moving average of $24.38 and a 200-day moving average of $24.38. The stock’s market capitalization is $3.73 billion. Liberty Global PLC has a one year low of $19.10 and a one year high of $28.11.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/18/liberty-global-plc-lila-receives-average-rating-of-hold-from-brokerages.html.

Several institutional investors have recently made changes to their positions in the company. Parametric Portfolio Associates LLC lifted its position in shares of Liberty Global PLC by 2.0% in the second quarter. Parametric Portfolio Associates LLC now owns 11,004 shares of the company’s stock valued at $240,000 after acquiring an additional 211 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Liberty Global PLC by 3.1% in the second quarter. Royal Bank of Canada now owns 32,399 shares of the company’s stock valued at $706,000 after acquiring an additional 974 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Liberty Global PLC by 4.8% in the second quarter. Goldman Sachs Group Inc. now owns 33,419 shares of the company’s stock valued at $728,000 after acquiring an additional 1,544 shares in the last quarter. Ranger International Management LP lifted its position in shares of Liberty Global PLC by 261.9% in the first quarter. Ranger International Management LP now owns 2,211 shares of the company’s stock valued at $49,173,000 after acquiring an additional 1,600 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Liberty Global PLC by 1.3% in the second quarter. PNC Financial Services Group Inc. now owns 139,466 shares of the company’s stoc

Several equities analysts recently weighed in on the company. Zacks Investment Research upgraded Liberty Global PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. HSBC Holdings plc assumed coverage on Liberty Global PLC in a research report on Monday, October 9th. They set a “reduce” rating and a $22.50 target price on the stock. Royal Bank Of Canada downgraded Liberty Global PLC from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $30.00 to $28.50 in a research report on Monday, July 24th. Buckingham Research assumed coverage on Liberty Global PLC in a research report on Friday, September 29th. They set a “buy” rating and a $30.00 target price on the stock. Finally, Barclays PLC lifted their target price on Liberty Global PLC from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, September 1st.

Shares of Liberty Global PLC (NASDAQ:LILA) traded down 0.55% during mid-day trading on Wednesday, reaching $21.79. The company had a trading volume of 430,215 shares. The firm has a 50 day moving average of $24.38 and a 200-day moving average of $24.38. The stock’s market capitalization is $3.73 billion. Liberty Global PLC has a one year low of $19.10 and a one year high of $28.11.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/18/liberty-global-plc-lila-receives-average-rating-of-hold-from-brokerages.html.

Several institutional investors have recently made changes to their positions in the company. Parametric Portfolio Associates LLC lifted its position in shares of Liberty Global PLC by 2.0% in the second quarter. Parametric Portfolio Associates LLC now owns 11,004 shares of the company’s stock valued at $240,000 after acquiring an additional 211 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Liberty Global PLC by 3.1% in the second quarter. Royal Bank of Canada now owns 32,399 shares of the company’s stock valued at $706,000 after acquiring an additional 974 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Liberty Global PLC by 4.8% in the second quarter. Goldman Sachs Group Inc. now owns 33,419 shares of the company’s stock valued at $728,000 after acquiring an additional 1,544 shares in the last quarter. Ranger International Management LP lifted its position in shares of Liberty Global PLC by 261.9% in the first quarter. Ranger International Management LP now owns 2,211 shares of the company’s stock valued at $49,173,000 after acquiring an additional 1,600 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Liberty Global PLC by 1.3% in the second quarter. PNC Financial Services Group Inc. now owns 139,466 shares of the company’s stock valued at $3,037,000 after acquiring an additional 1,729 shares in the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

Liberty Global PLC Company Profile

LiLAC Group provides various broadband services over cable distribution systems, and mobile services in Chile and Puerto Rico. It offers triple-play services consisting of video, broadband Internet, and fixed-line telephony services in 34 communities within Santiago; and 42 communities outside Santiago, including Iquique, Antofagasta, Concepción, Viña del Mar, Valparaiso, and Rancagua, as well as smaller cities across Chile.

Analyst Recommendations for Liberty Global PLC (NASDAQ:LILA)

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