Benchmark Reiterates Buy Rating on Liberty LiLAC (LILA)

Benchmark analyst Matthew Harrigan reiterated a Buy rating and $12.00 price target on Liberty LiLAC (NASDAQ: LILA).

The analyst commented, "We retain a BUY rating and $12 price target on Liberty Latin America without having any naivete as to the market immediately reassessing its view on the stock given continued ‘TACO’ confusion over the effects (and reality) of President Trump’s tariff policies – including on Caribbean and Central American economies. This is as LLA remains in a valuation Bizarro World (apologies to DC Comics and Superman) as its current stock price by Benchmark’s estimation considerably exaggerates a Liberty Puerto Rico (LPR) capital call that does not exist given LLA’s siloed debt structure. Benchmark’s $12 price target includes a near ($900M) negative equity value for Puerto Rico (on the basis of 3.31.25 debt at an 8.0x ratio of annualized last two quarters Covenant EBITDA) exceeding asset value. LLA has now achieved FMC (Fixed Mobile Convergence) >30% across its major markets although there remains ample growth headroom with typical stable duopoly market structures with its national businesses in top positions. 8% Adjusted OIBDA growth for 1Q25 included enviable double-digit momentum for the major C&W Caribbean and C&W Panama businesses."

For an analyst ratings summary and ratings history on Liberty LiLAC click here. For more ratings news on Liberty LiLAC click here.

Shares of Liberty LiLAC closed at $4.91 yesterday.

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