Liberty Global Target of Unusually Large Options Trading (LBTYA)
Shares of Liberty Global (NASDAQ:LBTYA) saw unusually large options trading on Monday. Traders purchased 10,583 put options on the stock, StockRatingsNetwork reports. This represents an increase of 668% compared to the typical daily volume of 1,378 put options.
LBTYA has been the subject of a number of recent research reports. Analysts at BNP Paribas initiated coverage on shares of Liberty Global (NASDAQ:LBTYA) in a research note to investors on Friday. They set an “outperform” rating and a $98.00 price target on the stock. Separately, analysts at TheStreet downgraded shares of Liberty Global (NASDAQ:LBTYA) from a “buy” rating to a “hold” rating in a research note to investors on Thursday, September 12th. Finally, analysts at Credit Suisse initiated coverage on shares of Liberty Global (NASDAQ:LBTYA) in a research note to investors on Friday, August 30th. They set an “outperform” rating on the stock.
Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $88.18.
Shares of Liberty Global (NASDAQ:LBTYA) opened at 78.40 on Tuesday. Liberty Global has a 52-week low of $54.05 and a 52-week high of $82.50. The stock’s 50-day moving average is $77.61 and its 200-day moving average is $75.50. The company’s market cap is $31.254 billion.
Liberty Global (NASDAQ:LBTYA) last issued its earnings data on Thursday, August 1st. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.39. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the previous year, the company posted ($0.81) earnings per share. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. Analysts expect that Liberty Global will post $1.50 EPS for the current fiscal year.
Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries.
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