Liberty Latin America Ltd (LILAK) Receives $24.00 Consensus Target Price from Brokerages

Shares of Liberty Latin America Ltd (NASDAQ:LILAK) have been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $24.00.

Several research firms have commented on LILAK. ValuEngine raised shares of Liberty Latin America from a “sell” rating to a “hold” rating in a report on Tuesday, September 18th. BidaskClub lowered shares of Liberty Latin America from a “sell” rating to a “strong sell” rating in a report on Saturday, August 18th. Citigroup decreased their price target on shares of Liberty Latin America from $29.00 to $27.00 and set a “buy” rating on the stock in a report on Monday, August 27th. Finally, Pivotal Research reaffirmed a “buy” rating and set a $27.00 price target on shares of Liberty Latin America in a report on Monday, September 17th.

Large investors have recently bought and sold shares of the stock. WealthTrust Axiom LLC acquired a new stake in Liberty Latin America during the 3rd quarter worth approximately $204,000. Mint Tower Capital Management B.V. acquired a new stake in Liberty Latin America during the 3rd quarter worth approximately $237,000. Bank of Montreal Can acquired a new stake in Liberty Latin America during the 2nd quarter worth approximately $256,000. Arnhold LLC acquired a new stake in Liberty Latin America during the 3rd quarter worth approximately $313,000. Finally, Public Employees Retirement Association of Colorado acquired a new stake in Liberty Latin America during the 3rd quarter worth approximately $314,000. Institutional investors and hedge funds own 56.66% of the company’s stock.

Shares of Liberty Latin America stock opened at $18.61 on Friday. Liberty Latin America has a twelve month low of $16.75 and a twelve month high of $23.92.

Liberty Latin America (NASDAQ:LILAK) last issued its quarterly earnings data on Wednesday, August 8th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.24). The business had revenue of $922.10 million for the quarter.

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.

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Analyst Recommendations for Liberty Latin America (NASDAQ:LILAK)

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