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

Liberty Global (NASDAQ:LBTYA) had its target price lowered by equities research analysts at Barclays from $20.00 to $12.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price objective suggests a potential downside of 12.79% from the stock’s current price.

A number of other brokerages have also issued reports on LBTYA. UBS Group lowered shares of Liberty Global from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Citigroup assumed coverage on shares of Liberty Global in a research report on Friday, August 9th. They set a “buy” rating and a $25.00 target price on the stock. Finally, Benchmark restated a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research report on Tuesday, October 29th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $21.76.

Liberty Global Stock Up 1.6 %

LBTYA stock opened at $13.76 on Monday. The company’s 50 day simple moving average is $19.14 and its 200-day simple moving average is $18.59. The firm has a market capitalization of $4.92 billion, a PE ratio of -1.36 and a beta of 1.18. Liberty Global has a 12 month low of $10.93 and a 12 month high of $21.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19.

Hedge Funds Weigh In On Liberty Global

A number of large investors have recently bought and sold shares of LBTYA. Rubric Capital Management LP raised its stake in shares of Liberty Global by 43.7% in the 2nd quarter. Rubric Capital Management LP now owns 5,526,107 shares of the company’s stock valued at $96,320,000 after acquiring an additional 1,680,756 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Liberty Global by 2,799.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock valued at $98,079,000 after acquiring an additional 4,485,823 shares during the period. Thompson Siegel & Walmsley LLC raised its stake in shares of Liberty Global by 2.3% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 3,658,338 shares of the company’s stock valued at $63,765,000 after acquiring an additional 82,560 shares during the period. Vanguard Group Inc. raised its stake in shares of Liberty Global by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company’s stock valued at $58,316,000 after acquiring an additional 131,077 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Liberty Global by 212.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,289,441 shares of the company’s stock valued at $57,336,000 after acquiring an additional 2,236,696 shares during the period. Hedge funds and other institutional investors 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.