Liberty Global Ltd. (NASDAQ:LBTYA) Receives $24.58 Consensus Target Price from Analysts

Liberty Global Ltd. (NASDAQ:LBTYA) has earned a consensus rating of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $24.58.

Several brokerages recently commented on LBTYA. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Benchmark restated a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a report on Thursday, July 25th. Finally, Barclays dropped their price objective on shares of Liberty Global from $22.00 to $20.00 and set an “equal weight” rating on the stock in a report on Friday, May 3rd.

Liberty Global Stock Performance

Shares of LBTYA opened at $18.84 on Friday. The company has a market capitalization of $7.02 billion, a PE ratio of -2.91 and a beta of 1.16. Liberty Global has a one year low of $15.01 and a one year high of $20.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.34 and a quick ratio of 1.34. The company’s fifty day moving average price is $18.15 and its 200 day moving average price is $17.69.

Institutional Trading of Liberty Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LBTYA. Vanguard Group Inc. increased its stake in Liberty Global by 14.5% in the third quarter. Vanguard Group Inc. now owns 2,877,497 shares of the company’s stock valued at $49,263,000 after acquiring an additional 364,123 shares during the period. Lancaster Investment Management acquired a new position in Liberty Global in the fourth quarter valued at about $42,843,000. abrdn plc boosted its position in Liberty Global by 108.5% in the fourth quarter. abrdn plc now owns 55,051 shares of the company’s stock valued at $978,000 after buying an additional 28,647 shares in the last quarter. Duality Advisers LP acquired a new position in Liberty Global in the fourth quarter valued at about $1,851,000. Finally, Private Management Group Inc. boosted its position in Liberty Global by 48,746.7% in the fourth quarter. Private Management Group Inc. now owns 548,548 shares of the company’s stock valued at $9,748,000 after buying an additional 547,425 shares in the last quarter. Institutional investors own 37.20% of the company’s stock.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.