Telenet Group (OTCMKTS:TLGHY) Lowered to Neutral at Credit Suisse Group

Credit Suisse Group downgraded shares of Telenet Group (OTCMKTS:TLGHYGet Rating) from an outperform rating to a neutral rating in a report issued on Tuesday morning, MarketBeat.com reports.

A number of other research analysts have also weighed in on TLGHY. The Goldman Sachs Group reaffirmed a neutral rating on shares of Telenet Group in a research note on Friday, August 12th. Jefferies Financial Group downgraded shares of Telenet Group from a buy rating to a hold rating in a report on Friday, July 22nd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Telenet Group from €42.00 ($42.86) to €25.00 ($25.51) in a report on Wednesday, June 29th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Hold and an average target price of $36.25.

Telenet Group Price Performance

Shares of TLGHY stock opened at $12.75 on Tuesday. Telenet Group has a 12-month low of $12.75 and a 12-month high of $12.75. The firm has a 50-day moving average price of $12.75 and a 200 day moving average price of $14.47.

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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