Liberty Global Ltd (NASDAQ:LBTYA) Stock Has Consensus Target Price of $13.22 According to Analysts

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have earned a consensus rating of “Hold” from the six brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $13.22.

Several research firms have recently weighed in on LBTYA. UBS Group decreased their price target on Liberty Global from $12.10 to $11.90 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Barclays dropped their price objective on Liberty Global from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 18th. Wall Street Zen upgraded Liberty Global to a “sell” rating in a report on Saturday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research report on Friday, July 31st.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $7.80 on Tuesday. Liberty Global has a twelve month low of $7.77 and a twelve month high of $13.52. The firm has a market cap of $2.66 billion, a P/E ratio of -0.87 and a beta of 0.99. The company has a 50 day moving average of $9.92 and a 200 day moving average of $10.98. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. As a group, research analysts expect that Liberty Global will post -1.47 EPS for the current fiscal year.

Institutional Trading of Liberty Global

A number of institutional investors have recently made changes to their positions in the stock. Squarepoint Ops LLC raised its stake in Liberty Global by 94.8% during the 2nd quarter. Squarepoint Ops LLC now owns 349,916 shares of the company’s stock valued at $3,979,000 after buying an additional 170,328 shares during the last quarter. State Street Corp boosted its stake in shares of Liberty Global by 8.4% in the 2nd quarter. State Street Corp now owns 3,245,059 shares of the company’s stock worth $36,896,000 after buying an additional 251,727 shares during the last quarter. Amundi purchased a new position in shares of Liberty Global in the 1st quarter worth $6,196,000. Bank of New York Mellon Corp bought a new stake in shares of Liberty Global in the second quarter worth $3,529,000. Finally, Bank of America Corp DE grew its holdings in shares of Liberty Global by 16.4% in the first quarter. Bank of America Corp DE now owns 675,086 shares of the company’s stock worth $8,162,000 after acquiring an additional 95,244 shares during the period. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line voice and television businesses. Its services generally include high-speed internet, wireless connectivity, digital television, streaming and related communications products for residential and business customers.

The company has operations and strategic interests across Europe. Its portfolio includes Sunrise in Switzerland and Telenet in Belgium, while Liberty Global also holds significant joint-venture interests in Virgin Media O2 in the United Kingdom and VodafoneZiggo in the Netherlands.