Barclays Reaffirms Buy Rating for Liberty Global (LBTYA)

Liberty Global (NASDAQ:LBTYA)‘s stock had its “buy” rating reissued by analysts at Barclays in a note issued to investors on Sunday, May 13th. They presently have a $39.00 price objective on the stock. Barclays’ price objective would indicate a potential upside of 33.47% from the stock’s current price.

Several other brokerages have also recently issued reports on LBTYA. Jefferies Group reiterated a “buy” rating on shares of Liberty Global in a research report on Thursday, March 15th. Citigroup set a $43.00 price objective on shares of Liberty Global and gave the stock a “buy” rating in a research note on Thursday, February 22nd. Pivotal Research boosted their price objective on shares of Liberty Global from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Buckingham Research boosted their price objective on shares of Liberty Global from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, Macquarie set a $36.00 target price on shares of Liberty Global and gave the stock a “buy” rating in a research note on Wednesday, May 9th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the stock. Liberty Global has a consensus rating of “Buy” and a consensus price target of $39.67.

Shares of Liberty Global opened at $29.22 on Friday, Marketbeat.com reports. Liberty Global has a one year low of $28.00 and a one year high of $39.73. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 6.79. The firm has a market capitalization of $23.32 billion, a price-to-earnings ratio of -12.76, a PEG ratio of 5.70 and a beta of 1.62.



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

Several large investors have recently modified their holdings of the stock. DF Dent & Co. Inc. bought a new position in Liberty Global during the fourth quarter valued at $202,000. Waldron LP bought a new stake in shares of Liberty Global in the 4th quarter worth about $209,000. Landscape Capital Management L.L.C. bought a new stake in shares of Liberty Global in the 4th quarter worth about $249,000. Quantitative Systematic Strategies LLC bought a new stake in shares of Liberty Global in the 1st quarter worth about $251,000. Finally, Verition Fund Management LLC bought a new stake in shares of Liberty Global in the 1st quarter worth about $255,000. Hedge funds and other institutional investors own 23.21% of the company’s stock.

About Liberty Global

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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