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Level 3 Communications, Inc. 35.4% Potential Upside Now Implied by RBC Capital Mkts

Level 3 Communications, Inc. using SYMBOL/TICKER code NYSE:LVLT has had its stock rating noted as ‘Initiated’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Mkts. Level 3 Communications, Inc. are listed in the Public Utilities sector within NYSE. RBC Capital Mkts have set their target price at 62 USD on its stock. This is indicating the analyst believes there is a potential upside of 35.4% from the opening price of 45.78 USD.

Level 3 Communications, Inc. NYSE:LVLT has a 50 day moving average of 48.85 USD and a 200 Day Moving Average share price is recorded at 52.33 USD. The 1 year high share price is 57.08 USD while the year low stock price is currently 37.61 USD. Over the last 30 and 90 trading days the company share price has decreased 2.93 points and decreased 10.92 points respectively. There are currently 355,833,120 shares in issue with the average daily volume traded being 2,732,035. Market capitalisation for NYSE:LVLT is $16,126,356,890.00 USD.

 

Level 3 Communications, Inc. NYSE:LVLT is a provider of a range of integrated communications services. The Company’s 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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