Published On: Wed, Oct 19th, 2016

Level 3 Communications, Inc. (NYSE:LVLT) Analyst Review


A number of investment brokers have recently updated their price targets on shares of Level 3 Communications, Inc. (NYSE:LVLT).

Most recent broker ratings

10/18/2016 – Barclays began new coverage on Level 3 Communications, Inc. giving the company a “overweight” rating. They now have a USD 54 price target on the stock.

10/18/2016 – Level 3 Communications, Inc. had its “buy” rating reiterated by analysts at Jefferies. They now have a USD 58 price target on the stock.

10/14/2016 – Level 3 Communications, Inc. was upgraded to “overweight” by analysts at JP Morgan. They now have a USD 55 price target on the stock.

10/13/2016 – Level 3 Communications, Inc. was downgraded to “buy” by analysts at Goldman Sachs. They now have a USD 55 price target on the stock.

08/24/2016 – Level 3 Communications, Inc. was upgraded to “buy” by analysts at MoffettNathanson. They now have a USD 58 price target on the stock.

08/08/2016 – BTIG Research began new coverage on Level 3 Communications, Inc. giving the company a “buy” rating. They now have a USD 63 price target on the stock.

07/25/2016 – Pacific Crest began new coverage on Level 3 Communications, Inc. giving the company a “sector weight” rating.

07/20/2016 – Level 3 Communications, Inc. had its “overweight” rating reiterated by analysts at Morgan Stanley.

07/15/2016 – Level 3 Communications, Inc. had its “overweight” rating reiterated by analysts at Wells Fargo. They now have a USD 69 price target on the stock.

07/13/2016 – Level 3 Communications, Inc. had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 66 price target on the stock.

07/13/2016 – Level 3 Communications, Inc. had its “overweight” rating reiterated by analysts at Stephens. They now have a USD 63 price target on the stock.

07/05/2016 – Level 3 Communications, Inc. had its “buy” rating reiterated by analysts at D.A. Davidson. They now have a USD 68 price target on the stock.

04/29/2016 – Level 3 Communications, Inc. was downgraded to “neutral” by analysts at Bank of America Merrill Lynch.

04/19/2016 – William Blair began new coverage on Level 3 Communications, Inc. giving the company a “outperform” rating.

01/05/2016 – Level 3 Communications, Inc. had its “neutral” rating reiterated by analysts at Hanson.

The share price of Level 3 Communications, Inc. (NYSE:LVLT) was up +2.13% during the last day of trading, with a day high of 47.28. 2286582 shares were traded during the last session.

The stock’s 50 day moving average is 47.63 and its 200 day moving average is 50.95. The stock’s market capitalization is 16.92B. Level 3 Communications, Inc. has a 52-week low of 41.73 and a 52-week high of 57.59.

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.