Barclays Has Lowered Expectations for Liberty Global (NASDAQ:LBTYA) Stock Price

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

A number of other analysts have also issued reports on LBTYA. Citigroup assumed coverage on Liberty Global in a research report on Friday, August 9th. They issued a “buy” rating and a $25.00 target price on the stock. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $15.50 to $21.30 in a research note on Monday, August 12th. UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Finally, Benchmark restated a “buy” rating and issued a $27.00 price target on shares of Liberty Global in a research note on Tuesday, October 29th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Liberty Global presently has a consensus rating of “Hold” and a consensus target price of $21.76.

Liberty Global Stock Up 1.6 %

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

Institutional Investors Weigh In On Liberty Global

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Liberty Global by 4.0% during the first quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company’s stock worth $58,316,000 after purchasing an additional 131,077 shares in the last quarter. SG Americas Securities LLC raised its holdings in Liberty Global by 15.8% during the second quarter. SG Americas Securities LLC now owns 20,514 shares of the company’s stock worth $358,000 after purchasing an additional 2,801 shares in the last quarter. Welch Group LLC purchased a new position in Liberty Global during the second quarter worth about $174,000. ARS Investment Partners LLC purchased a new position in Liberty Global during the second quarter worth about $261,000. Finally, Tevis Investment Management raised its holdings in Liberty Global by 156.0% during the second quarter. Tevis Investment Management now owns 27,170 shares of the company’s stock worth $474,000 after purchasing an additional 16,555 shares in the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

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.