ValuEngine upgraded shares of Liberty Latin America (NASDAQ:LILA) from a sell rating to a hold rating in a research report released on Tuesday.
Several other research firms also recently weighed in on LILA. Macquarie reiterated a hold rating and issued a $24.00 price target on shares of Liberty Latin America in a research report on Sunday, February 18th. Zacks Investment Research downgraded shares of Liberty Latin America from a hold rating to a sell rating in a research report on Saturday, February 17th. Royal Bank of Canada set a $25.00 price target on shares of Liberty Latin America and gave the stock a hold rating in a research report on Friday, February 23rd. Finally, Morgan Stanley upgraded shares of Liberty Latin America from an underweight rating to an equal weight rating in a research report on Tuesday, April 3rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. Liberty Latin America presently has an average rating of Hold and an average price target of $25.21.
Shares of Liberty Latin America stock opened at $21.61 on Tuesday. Liberty Latin America has a twelve month low of $18.26 and a twelve month high of $27.85.
Liberty Latin America (NASDAQ:LILA) last issued its quarterly earnings data on Tuesday, May 8th. The company reported ($0.26) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.23) by ($0.03). The company had revenue of $909.90 million for the quarter. analysts expect that Liberty Latin America will post -0.51 earnings per share for the current year.
Several hedge funds have recently made changes to their positions in LILA. Franklin Resources Inc. raised its position in shares of Liberty Latin America by 67.9% during the 4th quarter. Franklin Resources Inc. now owns 3,486,943 shares of the company’s stock valued at $70,262,000 after purchasing an additional 1,409,681 shares during the period. S&CO Inc. bought a new stake in shares of Liberty Latin America during the 1st quarter valued at $17,425,000. Cove Street Capital LLC bought a new stake in shares of Liberty Latin America during the 1st quarter valued at $9,357,000. PenderFund Capital Management Ltd. bought a new stake in shares of Liberty Latin America during the 1st quarter valued at $8,752,000. Finally, Russell Investments Group Ltd. raised its position in shares of Liberty Latin America by 43.0% during the 1st quarter. Russell Investments Group Ltd. now owns 1,331,418 shares of the company’s stock valued at $25,895,000 after purchasing an additional 400,303 shares during the period. Hedge funds and other institutional investors own 22.13% of the company’s stock.
Liberty Latin America Company Profile
Liberty Latin America Ltd. provides various telecommunications services. Its services primarily include video, broadband Internet, fixed-line telephony, and mobile services. The company offers communications and entertainment services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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