Liberty Latin America Ltd Class A (NASDAQ:LILA) had its target price lowered by equities research analysts at Buckingham Research from $30.00 to $28.00 in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Buckingham Research’s target price points to a potential upside of 55.90% from the company’s previous close.

Several other analysts have also recently issued reports on LILA. ValuEngine cut shares of Liberty Latin America Ltd Class A from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. Macquarie restated a “hold” rating and set a $24.00 target price on shares of Liberty Latin America Ltd Class A in a research report on Thursday, July 19th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $24.75.

Shares of NASDAQ LILA opened at $17.96 on Thursday. The stock has a market cap of $3.17 billion, a PE ratio of -43.80 and a beta of 1.63. Liberty Latin America Ltd Class A has a 12-month low of $17.91 and a 12-month high of $26.50.

In other news, Director Paul A. Gould sold 2,567 shares of the company’s stock in a transaction dated Wednesday, June 6th. The shares were sold at an average price of $22.06, for a total transaction of $56,628.02. The sale was disclosed in a legal filing with the SEC, which is available through this link. 8.40% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Verition Fund Management LLC purchased a new stake in shares of Liberty Latin America Ltd Class A during the 1st quarter valued at about $205,000. SG Americas Securities LLC purchased a new stake in shares of Liberty Latin America Ltd Class A during the 1st quarter valued at about $320,000. BNP Paribas Arbitrage SA purchased a new stake in shares of Liberty Latin America Ltd Class A during the 1st quarter valued at about $1,037,000. Richmond Hill Investment Co. LP purchased a new stake in Liberty Latin America Ltd Class A in the 1st quarter worth about $1,127,000. Finally, Goldman Sachs Group Inc. raised its position in Liberty Latin America Ltd Class A by 94.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 59,840 shares of the company’s stock worth $1,206,000 after purchasing an additional 29,068 shares during the period. Hedge funds and other institutional investors own 21.56% of the company’s stock.

Liberty Latin America Ltd Class A 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 Ltd Class A (NASDAQ:LILA)

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