Level 3 Communications (NYSE:LVLT) Analyst Rating Consensus

Level 3 Communications (NYSE:LVLT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.75 by 16 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.

Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm Bank of America downgrades its rating on Level 3 Communications (NYSE:LVLT). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 29, 2016.

Level 3 Communications (NYSE:LVLT): The mean short term price target for Level 3 Communications (NYSE:LVLT) has been established at $60.67 per share. The higher price target estimate is at $68 and the lower price target estimate is expected at $53 according to 9 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $5.07

Level 3 Communications (NYSE:LVLT) rose 0.41% or 0.21 points on Tuesday and made its way into the gainers of the day. After trading began at $51.72 the stock was seen hitting $51.79 as a peak level and $51.26 as the lowest level. The stock ended up at $51.76. The daily volume was measured at 1,598,373 shares. The 52-week high of the share price is $56.11 and the 52-week low is $40.86. The company has a market cap of $18,527 million.

Shares of Level 3 Communications, Inc. appreciated by 1.17% during the last five trading days but lost 0.99% on a 4-week basis. Level 3 Communications, Inc. has dropped 0.54% during the last 3-month period . Year-to-Date the stock performance stands at -4.78%.

Level 3 Communications, Inc. is a provider of a range of integrated communications services. The Companys operating segments include North America includes operations in Georgia, Colorado, Florida, Canada, New York, Arizona, Pennsylvania, Michigan and Oklahoma; Europe includes operations in England, Ireland, The Netherlands and France; The Latin America includes operations in Colombia, Argentina, Venezuela, Peru, Ecuador, Chile and Brazil. The Asia or Pacific includes operations in China, Singapore and Japan. The tw telecom inc. (tw telecom) is an indirect, wholly owned subsidiary of the Company. The Company offers services, which includes core network services and wholesale voice services. It offers products, which include core network services, including transport and fiber services, colocation and data center services, IP and data services, managed services, cloud and IT services, voice services and wholesale voice services, including voice termination and toll free.

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