Shares of Liberty Global PLC (NASDAQ:LBTYA) have been assigned a consensus rating of “Hold” from the twelve ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $31.67.

A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a report on Monday, April 29th. Benchmark assumed coverage on shares of Liberty Global in a report on Thursday, July 25th. They issued a “buy” rating and a $34.00 target price on the stock. New Street Research cut shares of Liberty Global from a “buy” rating to a “neutral” rating in a report on Thursday, August 8th. Pivotal Research reaffirmed a “buy” rating and issued a $31.00 target price on shares of Liberty Global in a report on Sunday, June 30th. Finally, Societe Generale set a $36.00 target price on shares of Liberty Global and gave the company a “buy” rating in a report on Wednesday, July 3rd.

LBTYA stock traded down $0.59 during midday trading on Wednesday, reaching $26.19. 1,524,388 shares of the company were exchanged, compared to its average volume of 1,756,963. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 6.85. Liberty Global has a 1-year low of $19.88 and a 1-year high of $29.55. The company’s 50-day moving average price is $26.93. The company has a market capitalization of $19.16 billion, a P/E ratio of -13.29 and a beta of 1.50.

In related news, Director John W. Dick sold 15,175 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $24.44, for a total value of $370,877.00. Following the sale, the director now directly owns 46,260 shares in the company, valued at approximately $1,130,594.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Bryan H. Hall sold 2,000 shares of the business’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $25.18, for a total transaction of $50,360.00. Following the completion of the sale, the executive vice president now owns 167,138 shares in the company, valued at $4,208,534.84. The disclosure for this sale can be found here. Insiders have sold a total of 38,106 shares of company stock worth $949,745 over the last 90 days. Insiders own 6.48% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the stock. Baupost Group LLC MA lifted its holdings in Liberty Global by 50.1% in the 2nd quarter. Baupost Group LLC MA now owns 7,440,705 shares of the company’s stock valued at $200,825,000 after purchasing an additional 2,483,500 shares in the last quarter. Invesco Ltd. lifted its holdings in Liberty Global by 2.1% in the 2nd quarter. Invesco Ltd. now owns 5,147,849 shares of the company’s stock valued at $138,940,000 after purchasing an additional 103,458 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Liberty Global by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 3,500,370 shares of the company’s stock valued at $94,475,000 after purchasing an additional 28,027 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Liberty Global by 5.2% in the 4th quarter. Geode Capital Management LLC now owns 2,036,908 shares of the company’s stock valued at $43,440,000 after purchasing an additional 100,944 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Liberty Global by 20.2% in the 2nd quarter. Renaissance Technologies LLC now owns 1,227,987 shares of the company’s stock valued at $33,143,000 after purchasing an additional 206,700 shares in the last quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

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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