Liberty Global PLC (LILAK) Raised to Hold at ValuEngine

ValuEngine upgraded shares of Liberty Global PLC (NASDAQ:LILAK) from a sell rating to a hold rating in a research note released on Wednesday.

LILAK has been the topic of several other research reports. BidaskClub upgraded Liberty Global PLC from a buy rating to a strong-buy rating in a report on Saturday, August 12th. Macquarie cut Liberty Global PLC from an outperform rating to a neutral rating in a report on Wednesday, September 27th. started coverage on Liberty Global PLC in a report on Monday, October 9th. They set a reduce rating on the stock. Finally, HSBC Holdings PLC upgraded Liberty Global PLC to a hold rating and set a $23.00 price objective on the stock in a report on Monday, November 13th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Liberty Global PLC has an average rating of Hold and a consensus price target of $23.00.

Liberty Global PLC (NASDAQ:LILAK) traded down $0.30 during trading on Wednesday, reaching $21.62. The company’s stock had a trading volume of 1,580,000 shares, compared to its average volume of 898,889. Liberty Global PLC has a one year low of $19.58 and a one year high of $27.82.

TRADEMARK VIOLATION WARNING: This report was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this report on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The original version of this report can be read at https://sportsperspectives.com/2017/11/18/liberty-global-plc-lilak-raised-to-hold-at-valuengine.html.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. increased its position in shares of Liberty Global PLC by 63.7% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 7,301 shares of the company’s stock worth $156,000 after acquiring an additional 2,841 shares during the last quarter. Opera Trading Capital bought a new stake in Liberty Global PLC in the second quarter valued at about $172,000. Cibc World Markets Corp bought a new stake in Liberty Global PLC in the second quarter valued at about $192,000. Quantbot Technologies LP bought a new stake in Liberty Global PLC in the second quarter valued at about $202,000. Finally, Teacher Retirement System of Texas bought a new stake in Liberty Global PLC in the second quarter valued at about $208,000. 54.33% 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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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