Telenet Group Holding NV (OTCMKTS:TLGHY) Given Consensus Rating of “Hold” by Brokerages

Shares of Telenet Group Holding NV (OTCMKTS:TLGHYGet Rating) have earned an average rating of “Hold” from the nine research firms that are covering the firm, reports. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $35.00.

Several analysts have recently issued reports on the company. The Goldman Sachs Group restated a “neutral” rating on shares of Telenet Group in a research report on Friday, August 12th. Jefferies Financial Group downgraded Telenet Group from a “buy” rating to a “hold” rating in a research report on Friday, July 22nd. Finally, JPMorgan Chase & Co. reduced their price objective on Telenet Group from €42.00 ($42.86) to €25.00 ($25.51) in a research report on Wednesday, June 29th.

Telenet Group Stock Performance

TLGHY opened at $12.75 on Monday. The business’s fifty day moving average is $12.75 and its two-hundred day moving average is $14.55. Telenet Group has a one year low of $12.75 and a one year high of $12.75.

Telenet Group Company Profile

(Get Rating)

Telenet Group Holding NV provides basic and enhanced video services to residential and business customers in Belgium and Luxembourg. The company offers high definition, pay television, and video-on-demand services; broadband Internet services; fixed-line and mobile telephony voice and data services; interconnection services; and value-added services, such as hosting, managed security, and cloud services.

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Analyst Recommendations for Telenet Group (OTCMKTS:TLGHY)

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