Liberty Latin America (NASDAQ:LILAK)‘s stock had its “buy” rating restated by investment analysts at Evercore ISI in a note issued to investors on Monday, AnalystRatings.com reports. They presently have a $25.00 target price on the stock. Evercore ISI’s target price would indicate a potential upside of 36.61% from the stock’s current price.
LILAK has been the topic of a number of other reports. Citigroup lowered their price target on Liberty Latin America from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Friday, October 4th. BidaskClub upgraded Liberty Latin America from a “sell” rating to a “hold” rating in a research report on Thursday, September 12th. Finally, TheStreet upgraded Liberty Latin America from a “d+” rating to a “c” rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $24.00.
NASDAQ:LILAK traded down $0.20 during trading hours on Monday, reaching $18.30. The company had a trading volume of 486,700 shares, compared to its average volume of 594,172. The stock has a 50-day moving average of $17.96 and a two-hundred day moving average of $17.61. Liberty Latin America has a one year low of $13.96 and a one year high of $21.93.
Several hedge funds have recently made changes to their positions in the company. First Trust Advisors LP grew its holdings in shares of Liberty Latin America by 0.6% during the first quarter. First Trust Advisors LP now owns 151,906 shares of the company’s stock worth $2,955,000 after purchasing an additional 847 shares during the last quarter. SeaBridge Investment Advisors LLC grew its holdings in shares of Liberty Latin America by 1.7% during the third quarter. SeaBridge Investment Advisors LLC now owns 113,786 shares of the company’s stock worth $1,945,000 after purchasing an additional 1,910 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of Liberty Latin America during the third quarter worth $34,000. Financial Gravity Wealth Inc. grew its holdings in shares of Liberty Latin America by 302.9% during the second quarter. Financial Gravity Wealth Inc. now owns 2,647 shares of the company’s stock worth $46,000 after purchasing an additional 1,990 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its holdings in shares of Liberty Latin America by 4.9% during the second quarter. UBS Asset Management Americas Inc. now owns 102,939 shares of the company’s stock worth $1,770,000 after purchasing an additional 4,798 shares during the last quarter. Institutional investors own 67.49% of the company’s stock.
Liberty Latin America Company Profile
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. It offers communications and entertainment services, including video, broadband Internet, fixed-line telephony, and mobile 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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