ValuEngine Upgrades Liberty Global PLC (LILAK) to Hold
Liberty Global PLC (NASDAQ:LILAK) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Wednesday.
A number of other research firms have also issued reports on LILAK. started coverage on shares of Liberty Global PLC in a report on Monday, October 9th. They set a “reduce” rating on the stock. Macquarie lowered shares of Liberty Global PLC from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 27th. HSBC Holdings PLC upgraded shares of Liberty Global PLC to a “hold” rating and set a $23.00 target price on the stock in a report on Monday. Finally, BidaskClub upgraded shares of Liberty Global PLC from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $23.00.
Liberty Global PLC (NASDAQ:LILAK) opened at $21.92 on Wednesday. Liberty Global PLC has a 1 year low of $19.45 and a 1 year high of $27.82.
A number of institutional investors have recently modified their holdings of the business. Legal & General Group Plc lifted its stake in shares of Liberty Global PLC by 13.3% in the first quarter. Legal & General Group Plc now owns 68,471 shares of the company’s stock valued at $1,578,000 after purchasing an additional 8,037 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Liberty Global PLC by 109.8% in the second quarter. Goldman Sachs Group Inc. now owns 359,634 shares of the company’s stock valued at $7,700,000 after purchasing an additional 188,221 shares during the period. Sandia Holdings LLC lifted its stake in shares of Liberty Global PLC by 8.5% in the second quarter. Sandia Holdings LLC now owns 580,814 shares of the company’s stock valued at $12,435,000 after purchasing an additional 45,392 shares during the period. Locust Wood Capital Advisers LLC acquired a new position in Liberty Global PLC during the third quarter worth about $10,254,000. Finally, Hosking Partners LLP raised its position in Liberty Global PLC by 1.7% during the second quarter. Hosking Partners LLP now owns 284,968 shares of the company’s stock worth $6,101,000 after acquiring an additional 4,650 shares during the last quarter. 54.33% of the stock is currently owned by institutional investors.
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.
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