Brokerages Set Liberty Global Ltd. (NASDAQ:LBTYA) Price Target at $18.94

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have received a consensus rating of “Hold” from the eight brokerages that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $18.94.

A number of analysts have weighed in on the stock. Benchmark reissued a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $13.10 to $12.60 in a research report on Friday, December 6th. UBS Group lowered Liberty Global from a “buy” rating to a “neutral” rating and cut their price target for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. Finally, Barclays reduced their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday, November 25th.

Liberty Global Trading Down 1.7 %

LBTYA opened at $12.90 on Monday. 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 company has a market cap of $4.61 billion, a P/E ratio of -1.27 and a beta of 1.25. The business’s 50-day simple moving average is $14.74 and its 200-day simple moving average is $17.79.

Insider Buying and Selling

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 11.51% of the company’s stock.

Institutional Trading of Liberty Global

A number of large investors have recently made changes to their positions in LBTYA. EverSource Wealth Advisors LLC raised its holdings 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 acquiring an additional 601 shares during the last quarter. Blue Trust Inc. increased its stake in Liberty Global by 110.3% in the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock valued at $39,000 after purchasing an additional 975 shares during the last quarter. nVerses Capital LLC acquired a new stake in Liberty Global in the 2nd quarter worth about $75,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in 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 buying an additional 8,754 shares during the period. Finally, Clifford Capital Partners LLC acquired a new position in shares of Liberty Global during the 3rd quarter valued at about $227,000. 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.