Share on StockTwits

Research analysts at Jefferies Group increased their price objective on shares of Liberty Global plc – Class A (NASDAQ:LBTYA) from $51.00 to $55.00 in a research report issued on Friday. Jefferies Group’s target price suggests a potential upside of 32.34% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Pivotal Research raised their price target on shares of Liberty Global plc – Class A from $53.00 to $60.00 in a research note on Monday, July 14th. Separately, analysts at Evercore Partners raised their price target on shares of Liberty Global plc – Class A to $56.00 in a research note on Friday, May 30th. They now have an “overweight” rating on the stock. Finally, analysts at Bank of America downgraded shares of Liberty Global plc – Class A from a “buy” rating to a “neutral” rating in a research note on Thursday, May 29th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $73.88.

Shares of Liberty Global plc – Class A (NASDAQ:LBTYA) traded down 0.14% on Friday, hitting $41.56. 1,973,230 shares of the company’s stock traded hands. Liberty Global plc – Class A has a 52-week low of $37.813 and a 52-week high of $46.464. The stock has a 50-day moving average of $43.2 and a 200-day moving average of $42.7. The company’s market cap is $32.393 billion.

Liberty Global plc – Class A (NASDAQ:LBTYA) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.32) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.06 by $0.38. The company had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The company’s quarterly revenue was up 50.5% on a year-over-year basis. Analysts expect that Liberty Global plc – Class A will post $0.13 EPS for the current fiscal year.

Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.