Analysts Set Liberty Global Ltd. (NASDAQ:LBTYA) PT at $24.26

Liberty Global Ltd. (NASDAQ:LBTYA) has earned an average rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $24.26.

LBTYA has been the topic of a number of research analyst reports. Citigroup assumed coverage on shares of Liberty Global in a report on Friday, August 9th. They issued a “buy” rating and a $25.00 price target on the stock. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $15.50 to $21.30 in a report on Monday, August 12th. Finally, Benchmark restated a “buy” rating and set a $27.00 price target on shares of Liberty Global in a research note on Tuesday, October 29th.

Liberty Global Price Performance

LBTYA opened at $20.74 on Friday. Liberty Global has a 1 year low of $15.32 and a 1 year high of $21.56. The company’s 50 day simple moving average is $20.54 and its 200 day simple moving average is $18.82. The stock has a market capitalization of $7.42 billion, a PE ratio of -2.04 and a beta of 1.18. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

Institutional Investors Weigh In On Liberty Global

A number of large investors have recently modified their holdings of LBTYA. EverSource Wealth Advisors LLC grew its holdings in Liberty Global by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after purchasing an additional 601 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Liberty Global by 2.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock valued at $595,000 after acquiring an additional 606 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Liberty Global by 8.1% during the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after acquiring an additional 835 shares in the last quarter. Blue Trust Inc. increased its position in shares of Liberty Global by 110.3% during the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after acquiring an additional 975 shares during the last quarter. Finally, Stratos Wealth Advisors LLC lifted its stake in shares of Liberty Global by 4.1% in the third quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company’s stock worth $625,000 after acquiring an additional 1,162 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Company Profile

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.