Analysts Set Liberty Global Ltd (NASDAQ:LBTYA) Price Target at $14.40

Liberty Global Ltd (NASDAQ:LBTYA) has been assigned a consensus recommendation of “Reduce” from the seven brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $14.40.

A number of research firms recently weighed in on LBTYA. Citigroup lifted their target price on shares of Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Zacks Research lowered Liberty Global from a “hold” rating to a “strong sell” rating in a research note on Friday, March 20th. UBS Group boosted their price objective on Liberty Global from $11.80 to $12.60 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd.

Institutional Investors Weigh In On Liberty Global

Institutional investors have recently added to or reduced their stakes in the stock. Copley Financial Group Inc. raised its position in shares of Liberty Global by 7.8% during the third quarter. Copley Financial Group Inc. now owns 12,801 shares of the company’s stock valued at $147,000 after buying an additional 931 shares during the last quarter. MAI Capital Management boosted its position in shares of Liberty Global by 27.5% during the third quarter. MAI Capital Management now owns 4,559 shares of the company’s stock worth $52,000 after acquiring an additional 983 shares during the last quarter. NorthCrest Asset Manangement LLC grew its stake in Liberty Global by 9.0% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 12,743 shares of the company’s stock valued at $139,000 after acquiring an additional 1,050 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Liberty Global by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,107 shares of the company’s stock valued at $301,000 after acquiring an additional 1,153 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after acquiring an additional 1,238 shares during the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Price Performance

NASDAQ LBTYA opened at $11.97 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.79. Liberty Global has a 12 month low of $9.02 and a 12 month high of $13.52. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of -0.58 and a beta of 1.02. The company’s 50 day moving average is $11.79 and its two-hundred day moving average is $11.36.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings results on Thursday, February 19th. The company reported ($8.60) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.46) by ($8.14). The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%. As a group, research analysts anticipate that Liberty Global will post -1.35 earnings per share for the current year.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.