Telenet Group (TLGHF) Stock Rating Lowered by Bank of America

Telenet Group (OTCMKTS:TLGHF) was downgraded by stock analysts at Bank of America from a “buy” rating to an “underperform” rating in a research report issued on Monday, The Fly reports.

Separately, Barclays cut shares of Telenet Group from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, September 26th.

Shares of Telenet Group stock opened at $58.18 on Monday. Telenet Group has a 1-year low of $49.37 and a 1-year high of $54.63.

Telenet Group Company Profile

Telenet Group Holding NV provides basic and enhanced video services to residential and business customers in Belgium and Luxembourg. The company offers basic video services, including basic cable television services; enhanced video services, including premium sports and film channels, a range of extended thematic channels, and a selection of films and broadcast contents; broadband Internet services; fixed-line and mobile telephony voice and data services; interconnection services; and value-added services, such as hosting, managed security, and cloud services.

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