Liberty Global PLC (LILA) PT Set at $29.00 by Royal Bank Of Canada

Liberty Global PLC (NASDAQ:LILA) received a $29.00 target price from stock analysts at Royal Bank Of Canada in a research note issued on Wednesday. The firm currently has a “hold” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 19.54% from the stock’s current price.

Several other brokerages also recently issued reports on LILA. Morgan Stanley downgraded shares of Liberty Global PLC from an “equal weight” rating to an “underweight” rating and raised their price objective for the stock from $22.00 to $26.00 in a research report on Thursday, August 10th. Barclays PLC raised their price objective on shares of Liberty Global PLC from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of Liberty Global PLC from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research report on Wednesday, October 4th. HSBC Holdings plc assumed coverage on shares of Liberty Global PLC in a research report on Monday. They set a “reduce” rating and a $22.50 price objective on the stock. Finally, Macquarie downgraded shares of Liberty Global PLC from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $35.00 to $25.00 in a research report on Wednesday, September 27th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Liberty Global PLC has an average rating of “Hold” and an average target price of $29.50.

Liberty Global PLC (LILA) opened at 24.26 on Wednesday. The company’s 50-day moving average is $24.51 and its 200-day moving average is $24.51. The firm’s market capitalization is $4.16 billion. Liberty Global PLC has a 52-week low of $19.10 and a 52-week high of $28.18.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright and trademark laws. The original version of this report can be viewed at https://stocknewstimes.com/2017/10/11/liberty-global-plc-lila-pt-set-at-29-00-by-royal-bank-of-canada.html.

Large investors have recently modified their holdings of the company. Ranger International Management LP boosted its holdings 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. Legal & General Group Plc boosted its holdings in shares of Liberty Global PLC by 60.0% in the second quarter. Legal & General Group Plc now owns 9,598 shares of the company’s stock valued at $209,000 after acquiring an additional 3,598 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Liberty Global PLC in the second quarter valued at about $212,000. Archford Capital Strategies LLC boosted its holdings in shares of Liberty Global PLC by 989,600.0% in the second quarter. Archford Capital Strategies LLC now owns 9,897 shares of the company’s stock valued at $547,000 after acquiring an additional 9,896 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its holdings 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. 21.44% of the stock is currently owned by institutional investors and hedge funds.

About Liberty Global PLC

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)

Receive News & Ratings for Liberty Global PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply