Level 3 Communications (LVLT) : The consensus on Level 3 Communications (LVLT) based on 15 analyst recommendation on the company stock is 1.8, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Level 3 Communications (LVLT) : 8 investment research analysts covering Level 3 Communications (LVLT) have an average price target of $59.75 for the near short term. The highest target price given by the Brokerage Firm to the stock is $67 and the lowest target is $53 for the short term. Analysts expect the variance to be within $4.56 of the average price.
For the current week, the company shares have a recommendation consensus of Buy.
Level 3 Communications (NYSE:LVLT): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.18 and $53.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.38, notching a gain of 2.72% for the day. The total traded volume was 1,949,257 . The stock had closed at $52.94 on the previous day.
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.