The stock of Liberty Global plc – Class A Ordinary Shares (NASDAQ:LILA) hit a new 52-week low and has $19.02 target or 9.00% below today’s $20.90 share price. The 5 months bearish chart indicates high risk for the $1.35 billion company. The 1-year low was reported on Nov, 4 by Barchart.com. If the $19.02 price target is reached, the company will be worth $121.50M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 1.52 million shares traded hands or 497.52% up from the average. Liberty Global plc – Class A Ordinary Shares (NASDAQ:LILA) has declined 22.46% since April 4, 2016 and is downtrending. It has underperformed by 23.55% the S&P500.
Liberty Global plc – Class A Ordinary Shares (NASDAQ:LILA) Ratings Coverage
Out of 5 analysts covering Liberty Lilac Group (NASDAQ:LILA), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Liberty Lilac Group has been the topic of 6 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock of Liberty Global plc – Class A Ordinary Shares (NASDAQ:LILA) has “Equal Weight” rating given on Monday, August 3 by Morgan Stanley. The firm has “Buy” rating by Pivotal Research given on Friday, September 11. Macquarie Research maintained Liberty Global plc – Class A Ordinary Shares (NASDAQ:LILA) rating on Thursday, September 3. Macquarie Research has “Outperform” rating and $44 price target. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, August 11. Barclays Capital initiated it with “Equal-Weight” rating and $35 target price in Wednesday, March 30 report.
According to Zacks Investment Research, “Liberty LiLAC Group is a cable company. The Company provides video, broadband Internet, fixed-line telephony and mobile services primarily in Europe, Chile, Puerto Rico and internationally. Liberty LiLAC Group is based in United States.”
More news for Liberty Global plc – Class A Ordinary Shares (NASDAQ:LILA) were recently published by: Businesswire.com, which released: “Liberty Global Announces Distribution of LiLAC Group Shares to Liberty Global …” on June 02, 2016. Businesswire.com‘s article titled: “Liberty Global Reports Q3 and YTD 2016 Results” and published on November 03, 2016 is yet another important article.
LILA Company Profile
Liberty Global plc (Liberty), incorporated on January 29, 2013, is an international cable firm with activities in 14 countries. The Firm connects people to the digital world and enables them to discover and experience its endless possibilities. The Company’s products are provided through next-generation networks and technology platforms that connect 27 million clients subscribing to 57 million television, broadband Internet and telephony services. In addition, the Company served five million mobile subscribers and offered WiFi service across six million access points. The Company’s consumer brands include Virgin Media, Ziggo, Unitymedia, Telenet, UPC, VTR, and Liberty Cablevision. The Company’s activities also include Liberty Global Business Services and Liberty Global Ventures.
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