Liberty Global PLC (NASDAQ:LILA) was downgraded by equities researchers at Barclays PLC from an “equal weight” rating to an “underweight” rating in a report released on Monday. They presently have a $20.00 price objective on the stock, down from their prior price objective of $24.00. Barclays PLC’s price objective suggests a potential downside of 8.55% from the company’s current price.

Several other equities research analysts have also commented on LILA. Zacks Investment Research upgraded shares of Liberty Global PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Royal Bank Of Canada lowered shares of Liberty Global PLC from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from $30.00 to $28.50 in a research report on Monday, July 24th. Morgan Stanley lowered shares of Liberty Global PLC from an “equal weight” rating to an “underweight” rating and boosted their target price for the stock from $22.00 to $26.00 in a research report on Thursday, August 10th. Macquarie lowered shares of Liberty Global PLC from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $35.00 to $25.00 in a research report on Wednesday, September 27th. Finally, Buckingham Research began coverage on shares of Liberty Global PLC in a research report on Friday, September 29th. They issued a “buy” rating and a $30.00 price objective on the stock. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $27.19.

Shares of Liberty Global PLC (NASDAQ:LILA) opened at $21.87 on Monday. Liberty Global PLC has a 1 year low of $19.51 and a 1 year high of $28.11.

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Several institutional investors have recently added to or reduced their stakes in LILA. Alken Asset Management Ltd. purchased a new stake in shares of Liberty Global PLC in the 2nd quarter worth about $36,663,000. Genesis Asset Managers LLP boosted its position in shares of Liberty Global PLC by 11.1% in the 2nd quarter. Genesis Asset Managers LLP now owns 8,270,705 shares of the company’s stock worth $180,053,000 after buying an additional 823,813 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Liberty Global PLC by 115.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 948,650 shares of the company’s stock worth $22,540,000 after buying an additional 508,589 shares in the last quarter. Vivaldi Asset Management LLC boosted its position in shares of Liberty Global PLC by 589.0% in the 2nd quarter. Vivaldi Asset Management LLC now owns 564,167 shares of the company’s stock worth $12,282,000 after buying an additional 482,281 shares in the last quarter. Finally, Chilton Investment Co. LLC lifted its holdings in Liberty Global PLC by 82.0% in the 2nd quarter. Chilton Investment Co. LLC now owns 467,108 shares of the company’s stock valued at $10,169,000 after purchasing an additional 210,514 shares in the last quarter. Institutional investors and hedge funds own 20.98% 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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