Liberty Global (NASDAQ:LBTYA) Price Target Lowered to $12.00 at Barclays

Liberty Global (NASDAQ:LBTYA) had its price objective decreased by Barclays from $20.00 to $12.00 in a research report released on Monday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

A number of other research analysts also recently issued reports on the stock. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $15.50 to $21.30 in a research note on Monday, August 12th. Citigroup started coverage on shares of Liberty Global in a research note on Friday, August 9th. They issued a “buy” rating and a $25.00 price target for the company. UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Finally, Benchmark reissued a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Liberty Global presently has a consensus rating of “Hold” and an average target price of $21.76.

Liberty Global Trading Up 1.7 %

NASDAQ LBTYA opened at $13.54 on Monday. The firm has a 50 day simple moving average of $19.27 and a 200-day simple moving average of $18.61. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. Liberty Global has a one year low of $10.93 and a one year high of $21.56. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of -1.33 and a beta of 1.18.

Hedge Funds Weigh In On Liberty Global

A number of institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its stake in Liberty Global by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after buying an additional 601 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Liberty Global by 2.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock valued at $595,000 after buying an additional 606 shares during the period. Private Advisor Group LLC increased its stake in Liberty Global by 8.1% in the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after buying an additional 835 shares during the period. Stifel Financial Corp increased its stake in Liberty Global by 8.2% in the 3rd quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock valued at $268,000 after buying an additional 968 shares during the period. Finally, Blue Trust Inc. increased its stake in Liberty Global by 110.3% in the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock valued at $39,000 after buying an additional 975 shares during the period. 37.20% of the stock is owned by institutional investors and hedge funds.

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.