New Street Research - Liberty Latin America Ltd (LILA) New Street: Liberty LA (Buy, TP: $17, +125%) Q2s Quick Take: EBITDA beat despite further Chile weakness

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New Street Research

Soomit Datta

EUR 9211.00 For Business Accounts Only

New Street: Liberty LA (Buy, TP: $17, +125%) Q2s Quick Take: EBITDA beat despite further Chile weakness

LILAC reported Q2s this evening after close.

04/08/2022 1 EN

Underlying

Liberty Latin America Ltd

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

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Pan European Telecom Services and Cable

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Analysts

Soomit Datta

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New Street: Liberty LA (Buy, TP: $17, +125%) Q2s Quick Take: EBITDA beat despite further Chile weakness

Liberty LA (Buy, TP: $13, +50%) Liberty LA - Confidence in FCF grows, buy-back squeezing yield higher

AMX US (Buy, TP: $27, +23%) LILA US (Buy, TP: $14 (from $15), +85%) AMX/LILA - Chile shareholder loans: Still no positive Equity value, AMX set to take control

LILA (Buy, TP: $15, +80%) Liberty LA - OK start, more to do through 2023

US Cellular: is the market missing something?

VEON (Buy, TP: $40, +57%) YTD update implies better trends in April

PYPL US (Buy, TP: $80, +28%) PayPal Initiation - BUY: Life in the Fast Lane

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