Analysts Set Liberty Global PLC (NASDAQ:LBTYA) PT at $27.28

Shares of Liberty Global PLC (NASDAQ:LBTYA) have earned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $27.28.

A number of equities analysts have weighed in on LBTYA shares. Goldman Sachs Group started coverage on shares of Liberty Global in a research report on Wednesday, January 15th. They issued a “neutral” rating and a $24.00 price objective for the company. Credit Suisse Group started coverage on shares of Liberty Global in a research report on Wednesday, February 12th. They issued a “neutral” rating for the company. Benchmark decreased their price objective on shares of Liberty Global from $32.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Barclays cut shares of Liberty Global from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, November 27th. Finally, Zacks Investment Research raised shares of Liberty Global from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Monday, November 11th.

NASDAQ:LBTYA traded down $0.04 on Friday, reaching $20.51. The stock had a trading volume of 1,424,429 shares, compared to its average volume of 1,543,190. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.84. The company has a 50-day moving average of $20.82 and a 200 day moving average of $23.59. The stock has a market cap of $13.11 billion, a P/E ratio of 1.30 and a beta of 1.38. Liberty Global has a 12-month low of $19.69 and a 12-month high of $28.62.

A number of hedge funds and other institutional investors have recently modified their holdings of LBTYA. California Public Employees Retirement System increased its stake in shares of Liberty Global by 8.6% in the third quarter. California Public Employees Retirement System now owns 513,458 shares of the company’s stock valued at $12,708,000 after purchasing an additional 40,761 shares during the period. Malaga Cove Capital LLC increased its stake in shares of Liberty Global by 24.6% during the third quarter. Malaga Cove Capital LLC now owns 56,964 shares of the company’s stock valued at $1,410,000 after acquiring an additional 11,252 shares during the period. Jabodon PT Co. bought a new stake in Liberty Global during the fourth quarter worth approximately $6,123,000. Russell Investments Group Ltd. boosted its holdings in Liberty Global by 8.0% during the third quarter. Russell Investments Group Ltd. now owns 415,493 shares of the company’s stock worth $10,282,000 after buying an additional 30,653 shares in the last quarter. Finally, Norman Fields Gottscho Capital Management LLC bought a new stake in Liberty Global during the fourth quarter worth approximately $1,363,000. 24.18% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Company Profile

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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