Liberty Global (LBTYA) Given a $36.00 Price Target at Macquarie

Liberty Global (NASDAQ:LBTYA) has been given a $36.00 price target by equities research analysts at Macquarie in a research report issued on Wednesday, May 9th. The brokerage currently has a “buy” rating on the stock. Macquarie’s price objective indicates a potential upside of 23.20% from the company’s previous close.

Several other equities analysts have also issued reports on LBTYA. Jefferies Group reaffirmed a “buy” rating on shares of Liberty Global in a research note on Thursday, March 15th. Citigroup set a $43.00 price target on Liberty Global and gave the stock a “buy” rating in a report on Thursday, February 22nd. Pivotal Research increased their price target on Liberty Global from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Buckingham Research increased their price objective on Liberty Global from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Finally, Zacks Investment Research upgraded Liberty Global from a “sell” rating to a “hold” rating in a research note on Monday, January 22nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $39.67.

Shares of Liberty Global opened at $29.22 on Wednesday, Marketbeat reports. Liberty Global has a 52-week low of $28.00 and a 52-week high of $39.73. The company has a debt-to-equity ratio of 6.79, a current ratio of 0.33 and a quick ratio of 0.33. The stock has a market cap of $23.32 billion, a PE ratio of -12.76, a PEG ratio of 5.70 and a beta of 1.62.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.68) EPS for the quarter. Liberty Global had a negative return on equity of 35.66% and a negative net margin of 20.88%. The business had revenue of $3.99 billion for the quarter. equities analysts expect that Liberty Global will post 0.54 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in LBTYA. BlackRock Inc. lifted its stake in Liberty Global by 24.8% in the first quarter. BlackRock Inc. now owns 11,329,380 shares of the company’s stock valued at $354,722,000 after purchasing an additional 2,250,934 shares during the last quarter. Farallon Capital Management LLC lifted its stake in Liberty Global by 44.1% in the first quarter. Farallon Capital Management LLC now owns 4,713,926 shares of the company’s stock valued at $147,593,000 after purchasing an additional 1,443,746 shares during the last quarter. Epoch Investment Partners Inc. lifted its stake in Liberty Global by 1.1% in the first quarter. Epoch Investment Partners Inc. now owns 2,946,065 shares of the company’s stock valued at $92,241,000 after purchasing an additional 31,331 shares during the last quarter. Hosking Partners LLP lifted its position in shares of Liberty Global by 4.7% during the first quarter. Hosking Partners LLP now owns 1,383,596 shares of the company’s stock worth $43,320,000 after acquiring an additional 61,654 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Liberty Global by 2.0% during the first quarter. Northern Trust Corp now owns 1,054,383 shares of the company’s stock worth $33,012,000 after acquiring an additional 20,747 shares in the last quarter. 23.21% of the stock is owned by institutional investors.

Liberty Global Company Profile

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

Analyst Recommendations for Liberty Global (NASDAQ:LBTYA)

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