Liberty Global PLC (LBTYA) Given Average Rating of “Hold” by Brokerages

Shares of Liberty Global PLC (NASDAQ:LBTYA) have earned a consensus recommendation of “Hold” from the fifteen research firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $33.70.

Several analysts recently issued reports on the company. Pivotal Research reissued a “buy” rating and issued a $32.00 target price on shares of Liberty Global in a research note on Wednesday, February 27th. ValuEngine upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a report on Friday, March 1st. BidaskClub upgraded shares of Liberty Global from a “hold” rating to a “buy” rating in a report on Saturday, February 23rd. Zacks Investment Research lowered shares of Liberty Global from a “hold” rating to a “sell” rating in a report on Tuesday, November 27th. Finally, HSBC set a $32.00 price objective on shares of Liberty Global and gave the stock a “buy” rating in a report on Tuesday, January 29th.

Shares of NASDAQ:LBTYA traded up $0.60 on Friday, reaching $26.22. 170,445 shares of the company traded hands, compared to its average volume of 2,018,962. Liberty Global has a 52 week low of $19.88 and a 52 week high of $33.58. The stock has a market capitalization of $19.01 billion, a P/E ratio of -13.31 and a beta of 1.54. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 6.31.

Several hedge funds have recently modified their holdings of LBTYA. Nissay Asset Management Corp Japan ADV lifted its stake in Liberty Global by 2.8% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 15,098 shares of the company’s stock worth $322,000 after purchasing an additional 413 shares in the last quarter. American International Group Inc. raised its position in shares of Liberty Global by 2.7% during the 4th quarter. American International Group Inc. now owns 18,355 shares of the company’s stock valued at $392,000 after buying an additional 478 shares in the last quarter. QS Investors LLC raised its position in shares of Liberty Global by 21.1% during the 4th quarter. QS Investors LLC now owns 4,015 shares of the company’s stock valued at $86,000 after buying an additional 700 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Liberty Global by 0.7% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 124,600 shares of the company’s stock valued at $2,659,000 after buying an additional 900 shares in the last quarter. Finally, Markel Corp raised its position in shares of Liberty Global by 0.6% during the 4th quarter. Markel Corp now owns 179,000 shares of the company’s stock valued at $3,820,000 after buying an additional 1,000 shares in the last quarter. 22.73% of the stock is owned by hedge funds and other institutional investors.

About Liberty Global

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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Analyst Recommendations for Liberty Global (NASDAQ:LBTYA)

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