Level 3 (NYSE:LVLT) target price raised to $54.00, reported today by Barclays
- Updated: October 18, 2016
Just yesterday Level 3 (NYSE:LVLT) traded 2.13% higher at $46.09. The company’s 50-day moving average is $47.70 and its 200-day moving average is $50.99. The last closing price is down -7.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,286,582 shares of the stock were exchanged, down from an avg. volume of 2,774,470
Level 3 (NYSE:LVLT) had its stock price target increased to $54.00 by Barclays in a report issued 10/18/2016. The updated stock price target implies a possible upside of 0.17% based on the company's previous closing price.
Recent Performance Chart
Level 3 has PE ratio of 4.73 with a one year low of $41.73 and a one year high of $57.59 and has a market capitalization of $0.
A total of 13 analysts have released a research note on the stock. 6 brokerages rating the company a strong buy, seven brokerages rating the stock a buy, 5 brokers rating the stock a hold, 0 analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $62.62.
Brief Synopsis About Level 3 (NYSE:LVLT)
Level 3 Communications, Inc. is a provider of a range of integrated communications services. The Company's operating segments include North America, EMEA and Latin America. The North America includes operations in Atlanta, Georgia; Littleton, Colorado; Miami, Florida; Montreal, Canada; New York, New York; Phoenix, Arizona; Pittsburgh, Pennsylvania; Southfield, Michigan, and Tulsa, Oklahoma. The Europe segment includes operations in Basingstoke, England; Crewe, England; Dublin, Ireland; London, England; Naarden, The Netherlands, and Paris, France. The Latin America includes operations in Bogota, Colombia; Buenos Aires, Argentina; Caracas, Venezuela; Lima, Peru; Quito, Ecuador; Santiago, Chile, and Sao Paulo, Brazil. The communications services include transport and fiber services, colocation and data center services, Internet Protocol (IP) and data services, security services and voice services. Its wholesale voice services include voice termination and toll free service.
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