Liberty Global Ltd (NASDAQ:LBTYA) Receives $14.40 Consensus Target Price from Brokerages

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have been assigned a consensus recommendation of “Hold” from the seven research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $14.40.

LBTYA has been the subject of several research analyst reports. UBS Group upped their price target on Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, January 22nd. Finally, Citigroup raised their price target on shares of Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, December 2nd.

Insider Activity at Liberty Global

In related news, CFO Charles H. R. Bracken sold 33,220 shares of Liberty Global stock in a transaction on Monday, December 8th. The shares were sold at an average price of $11.18, for a total transaction of $371,399.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 13.29% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

Institutional investors and hedge funds have recently modified their holdings of the stock. Quarry LP acquired a new stake in shares of Liberty Global in the third quarter valued at about $27,000. EverSource Wealth Advisors LLC grew its position in Liberty Global by 79.5% in the second 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 in the last quarter. Rothschild Investment LLC raised its stake in shares of Liberty Global by 207.4% during the third quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock valued at $34,000 after purchasing an additional 2,012 shares during the period. Allworth Financial LP acquired a new position in shares of Liberty Global during the third quarter worth $42,000. Finally, AlphaCore Capital LLC acquired a new position in shares of Liberty Global during the second quarter worth $46,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYA stock opened at $12.77 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of -0.61 and a beta of 1.02. Liberty Global has a one year low of $9.02 and a one year high of $13.52. The company has a 50 day moving average price of $11.33 and a 200 day moving average price of $11.29.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Wednesday, February 18th. The company reported ($8.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.46) by ($8.14). The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. Sell-side analysts anticipate that Liberty Global will post -1.35 EPS 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.