Liberty Global Ltd (NASDAQ:LBTYA) Receives $16.15 Average PT from Analysts

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have been given a consensus rating of “Hold” by the seven analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $16.15.

A number of research firms have weighed in on LBTYA. Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. UBS Group upped their target price on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a report on Tuesday, March 31st. Zacks Research upgraded Liberty Global from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Pivotal Research reiterated a “buy” rating and set a $18.00 target price on shares of Liberty Global in a report on Monday, May 4th.

Liberty Global Stock Up 4.7%

Shares of NASDAQ:LBTYA opened at $12.05 on Friday. Liberty Global has a 1 year low of $9.44 and a 1 year high of $13.52. The company has a market cap of $4.07 billion, a PE ratio of -0.75 and a beta of 0.90. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11. The stock’s 50-day moving average is $12.13 and its 200 day moving average is $11.53.

Liberty Global (NASDAQ:LBTYA) last posted its earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. Sell-side analysts anticipate that Liberty Global will post -1.38 EPS for the current year.

Institutional Trading of Liberty Global

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP purchased a new stake in shares of Liberty Global in the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC grew its stake in shares of Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after buying an additional 1,238 shares during the last quarter. Rothschild Investment LLC grew its stake in shares of Liberty Global by 207.4% in the 3rd quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock worth $34,000 after buying an additional 2,012 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of Liberty Global in the 3rd quarter worth approximately $42,000. Finally, MAI Capital Management grew its stake in shares of Liberty Global by 27.5% in the 3rd quarter. MAI Capital Management now owns 4,559 shares of the company’s stock worth $52,000 after buying an additional 983 shares during the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

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.