Liberty Latin America - LILAK Stock Forecast, Price & News

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR, and Costa Rica segments. 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. The company also operates a sub-sea and terrestrial fiber optic cable network that connects approximately 40 markets. It provides its services in approximately 20 countries in Latin America, the Caribbean, Chile, and Costa Rica under the brands of C&W, VTR, Liberty Puerto Rico, Cabletica, BTC, UTS, Flow, and Móvil. The company was incorporated in 2017 and is based in Hamilton, Bermuda.

Liberty Latin America Stock Up 3.8 %

LILAK Stock traded up $0.30 during midday trading on Friday, reaching $8.12. 889,524 shares of the company's stock traded hands, compared to its average volume of 1,185,279. The company has a market cap of $1.84 billion, a price-to-earnings ratio of -1.94 and a beta of 1.24. The firm's fifty day moving average price is $7.61 and its 200-day moving average price is $9.15. Liberty Latin America has a 52 week low of $6.76 and a 52 week high of $14.94.

Analysts Set New Price Targets

LILAK has been the topic of several recent analyst reports. Pivotal Research decreased their target price on shares of Liberty Latin America from $17.00 to $12.00 and set a "buy" rating on the stock in a report on Monday, July 18th. Scotiabank raised shares of Liberty Latin America from an "underperform" rating to a "sector perform" rating in a report on Friday, June 17th. Finally, TheStreet downgraded shares of Liberty Latin America from a "c-" rating to a "d" rating in a research note on Wednesday. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $14.00.

Insider Transactions at Liberty Latin America

In other news, SVP Aamir Hussain bought 10,000 shares of Liberty Latin America stock in a transaction dated Tuesday, May 24th. The stock was purchased at an average price of $8.99 per share, for a total transaction of $89,900.00. Following the purchase, the senior vice president now directly owns 10,000 shares in the company, valued at approximately $89,900. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.