Liberty Global PLC Class A (LBTYA) Lifted to Hold at BidaskClub

BidaskClub upgraded shares of Liberty Global PLC Class A (NASDAQ:LBTYA) from a sell rating to a hold rating in a research note released on Tuesday.

LBTYA has been the topic of several other research reports. Credit Suisse Group raised shares of Liberty Global PLC Class A from a neutral rating to an outperform rating in a research report on Thursday, April 19th. Barclays reissued a buy rating and issued a $39.00 price target on shares of Liberty Global PLC Class A in a research report on Sunday, May 13th. Macquarie set a $36.00 price target on shares of Liberty Global PLC Class A and gave the company a buy rating in a research report on Wednesday, May 9th. Sanford C. Bernstein raised shares of Liberty Global PLC Class A from a market perform rating to an outperform rating and set a $41.00 price target on the stock in a research report on Wednesday, March 14th. Finally, ValuEngine lowered shares of Liberty Global PLC Class A from a sell rating to a strong sell rating in a research report on Thursday, March 1st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company. Liberty Global PLC Class A currently has an average rating of Buy and an average price target of $39.67.

Shares of Liberty Global PLC Class A opened at $29.45 on Tuesday, according to MarketBeat.com. The company has a market capitalization of $23.29 billion, a P/E ratio of -12.86, a PEG ratio of 7.60 and a beta of 1.60. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 6.79. Liberty Global PLC Class A has a 52-week low of $27.92 and a 52-week high of $39.73.



Liberty Global PLC Class A (NASDAQ:LBTYA) last issued its quarterly earnings data on Tuesday, May 8th. The company reported ($1.47) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($1.55). The business had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.10 billion. Liberty Global PLC Class A had a negative net margin of 20.88% and a negative return on equity of 35.66%. analysts anticipate that Liberty Global PLC Class A will post 0.4 EPS for the current year.

In related news, Director J C. Sparkman sold 41,860 shares of the business’s stock in a transaction on Monday, June 4th. The shares were sold at an average price of $28.88, for a total transaction of $1,208,916.80. Following the transaction, the director now owns 23,202 shares of the company’s stock, valued at $670,073.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul A. Gould sold 17,929 shares of the business’s stock in a transaction on Wednesday, June 6th. The stock was sold at an average price of $28.24, for a total transaction of $506,314.96. Following the transaction, the director now directly owns 221,806 shares in the company, valued at approximately $6,263,801.44. The disclosure for this sale can be found here. Company insiders own 5.93% of the company’s stock.

A number of hedge funds have recently made changes to their positions in LBTYA. DF Dent & Co. Inc. acquired a new stake in Liberty Global PLC Class A during the fourth quarter worth $202,000. Landscape Capital Management L.L.C. acquired a new stake in Liberty Global PLC Class A during the fourth quarter worth $249,000. Quantitative Systematic Strategies LLC acquired a new stake in Liberty Global PLC Class A during the first quarter worth $251,000. Verition Fund Management LLC acquired a new stake in Liberty Global PLC Class A during the first quarter worth $255,000. Finally, Delpha Capital Management LLC acquired a new stake in Liberty Global PLC Class A during the first quarter worth $264,000. 22.12% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global PLC Class A 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 PLC Class A (NASDAQ:LBTYA)

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