Liberty LiLAC Group (LILA) Upgraded by Zacks Investment Research to Hold
Liberty LiLAC Group (NASDAQ:LILA) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued on Wednesday.
According to Zacks, “Liberty LiLAC Group is a cable company. The Company provides video, broadband Internet, fixed-line telephony and mobile services primarily in Europe, Chile, Puerto Rico and internationally. Liberty LiLAC Group is based in United States. “
A number of other equities analysts have also commented on LILA. TheStreet lowered Liberty LiLAC Group from a “hold” rating to a “sell” rating in a research note on Thursday, September 1st. Barclays PLC set a $31.00 price objective on Liberty LiLAC Group and gave the stock a “hold” rating in a research note on Thursday, August 11th. Finally, Wunderlich dropped their price objective on Liberty LiLAC Group from $59.00 to $43.00 and set a “buy” rating on the stock in a research note on Monday, August 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $43.20.
Shares of Liberty LiLAC Group (NASDAQ:LILA) opened at 27.91 on Wednesday. The stock has a 50 day moving average price of $28.23 and a 200 day moving average price of $33.58. The stock’s market cap is $4.86 billion. Liberty LiLAC Group has a 12 month low of $26.44 and a 12 month high of $42.63.
Large investors have recently added to or reduced their stakes in the company. Genesis Asset Managers LLP increased its stake in Liberty LiLAC Group by 100.6% in the third quarter. Genesis Asset Managers LLP now owns 6,769,358 shares of the company’s stock worth $191,167,000 after buying an additional 3,395,173 shares during the last quarter. Dodge & Cox increased its stake in Liberty LiLAC Group by 334.6% in the second quarter. Dodge & Cox now owns 2,527,589 shares of the company’s stock worth $81,540,000 after buying an additional 1,946,019 shares during the last quarter. Artisan Partners Limited Partnership bought a new stake in Liberty LiLAC Group during the second quarter worth $57,242,000. FMR LLC increased its stake in Liberty LiLAC Group by 43.0% in the second quarter. FMR LLC now owns 1,671,652 shares of the company’s stock worth $53,927,000 after buying an additional 503,007 shares during the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in Liberty LiLAC Group during the second quarter worth $42,267,000. 20.37% of the stock is currently owned by institutional investors and hedge funds.
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