Analysts Set Liberty Global Ltd (NASDAQ:LBTYA) Price Target at $16.15

Liberty Global Ltd (NASDAQ:LBTYA) has been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $16.15.

A number of equities research analysts recently commented on the stock. Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. UBS Group upped their price target on shares of Liberty Global from $12.00 to $12.60 and gave the company a “neutral” rating in a report on Tuesday, March 31st. Zacks Research upgraded shares of Liberty Global from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Pivotal Research reiterated a “buy” rating and set a $18.00 price target on shares of Liberty Global in a report on Monday, May 4th.

Liberty Global Price Performance

Shares of Liberty Global stock opened at $12.46 on Wednesday. Liberty Global has a 52-week low of $9.45 and a 52-week high of $13.52. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of -0.78 and a beta of 0.92. The company has a fifty day moving average of $12.08 and a 200-day moving average of $11.69. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Equities research analysts expect that Liberty Global will post -1.38 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Copley Financial Group Inc. raised its holdings in Liberty Global by 7.8% in the 3rd quarter. Copley Financial Group Inc. now owns 12,801 shares of the company’s stock worth $147,000 after purchasing an additional 931 shares in the last quarter. MAI Capital Management grew its position in shares of Liberty Global by 27.5% in the 3rd quarter. MAI Capital Management now owns 4,559 shares of the company’s stock worth $52,000 after buying an additional 983 shares during the period. NorthCrest Asset Manangement LLC grew its position in Liberty Global by 9.0% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 12,743 shares of the company’s stock valued at $139,000 after purchasing an additional 1,050 shares during the last quarter. Anchyra Partners LLC grew its position in Liberty Global by 7.3% during the 1st quarter. Anchyra Partners LLC now owns 16,384 shares of the company’s stock valued at $198,000 after purchasing an additional 1,114 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Liberty Global by 79.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after purchasing an additional 1,238 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors.

About Liberty Global

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.