Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Liberty Global (NASDAQ:LBTYA) Stock Price

Liberty Global (NASDAQ:LBTYA) had its target price dropped by analysts at Deutsche Bank Aktiengesellschaft from $23.00 to $20.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 73.16% from the company’s current price.

Several other equities analysts have also recently issued reports on the stock. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. UBS Group lowered shares of Liberty Global from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Benchmark reiterated a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a research report on Tuesday, October 29th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $13.10 to $12.60 in a report on Friday, December 6th. Finally, Barclays reduced their target price on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, November 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $17.75.

Liberty Global Stock Down 1.8 %

LBTYA stock opened at $11.55 on Wednesday. The firm’s 50-day moving average is $12.67 and its two-hundred day moving average is $17.06. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of -1.14 and a beta of 1.25. Liberty Global has a 52 week low of $10.93 and a 52 week high of $21.56. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80.

Insider Transactions at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. This trade represents a 61.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 11.51% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Liberty Global

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Liberty Global by 2.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock worth $595,000 after acquiring an additional 606 shares during the period. Private Advisor Group LLC raised its position in Liberty Global by 8.1% in the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock worth $235,000 after purchasing an additional 835 shares in the last quarter. Stifel Financial Corp raised its position in Liberty Global by 8.2% in the third quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock worth $268,000 after purchasing an additional 968 shares in the last quarter. Blue Trust Inc. lifted its stake in Liberty Global by 110.3% during the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after purchasing an additional 975 shares during the period. Finally, Stratos Wealth Advisors LLC boosted its holdings in Liberty Global by 4.1% during the third quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company’s stock valued at $625,000 after purchasing an additional 1,162 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

About Liberty Global

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.