Liberty Global Ltd. (NASDAQ:LBTYA) Given Average Recommendation of "Moderate Buy" by Brokerages


Liberty Global Ltd. (NASDAQ:LBTYA) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report) have received an average rating of "Moderate Buy" from the eight analysts that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $24.26.

A number of research firms have weighed in on LBTYA. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Liberty Global from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Friday, July 12th. Benchmark reissued a "buy" rating and issued a $27.00 price target on shares of Liberty Global in a research report on Thursday, July 25th. Bank of America upgraded shares of Liberty Global from an "underperform" rating to a "neutral" rating and raised their price target for the stock from $15.50 to $21.30 in a research note on Monday, August 12th. Finally, Citigroup assumed coverage on Liberty Global in a research note on Friday, August 9th. They issued a "buy" rating and a $25.00 price objective on the stock.

Check Out Our Latest Research Report on Liberty Global

Several institutional investors have recently modified their holdings of LBTYA. EverSource Wealth Advisors LLC grew its holdings in shares of 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. nVerses Capital LLC bought a new stake in shares of Liberty Global in the second quarter worth about $75,000. Central Pacific Bank Trust Division acquired a new stake in shares of Liberty Global during the first quarter worth about $91,000. Whittier Trust Co. lifted its holdings in shares of Liberty Global by 21,707.3% during the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company's stock valued at $156,000 after purchasing an additional 8,900 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Liberty Global by 4,512.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company's stock valued at $156,000 after purchasing an additional 8,754 shares during the period. 37.20% of the stock is currently owned by institutional investors and hedge funds.

LBTYA stock opened at $20.43 on Wednesday. The stock has a market capitalization of $7.61 billion, a price-to-earnings ratio of -3.16 and a beta of 1.17. The company has a 50-day moving average of $19.95 and a two-hundred day moving average of $18.31. Liberty Global has a 52-week low of $15.01 and a 52-week high of $21.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.34 and a quick ratio of 1.34.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.71 earnings per share (EPS) for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. The business had revenue of $1.87 billion for the quarter. As a group, equities research analysts anticipate that Liberty Global will post -0.61 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Liberty Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.

While Liberty Global currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

industry

6339

fun

8114

health

6277

sports

8299