Liberty Global plc – Class A Given Average Rating of “Buy” by Brokerages (NASDAQ:LBTYA)
Shares of Liberty Global plc – Class A (NASDAQ:LBTYA) have received a consensus rating of “Buy” from the twelve brokerages that are presently covering the company, Analyst Ratings Network.com reports. Two research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $71.22.
Several analysts have recently commented on the stock. Analysts at Credit Suisse raised their price target on shares of Liberty Global plc – Class A from $46.00 to $50.00 in a research note on Monday, August 18th. Separately, analysts at TheStreet upgraded shares of Liberty Global plc – Class A to a “hold” rating in a research note on Monday, August 11th. Finally, analysts at Jefferies Group raised their price target on shares of Liberty Global plc – Class A from $51.00 to $55.00 in a research note on Friday, August 8th.
In other Liberty Global plc – Class A news, CEO Michael T. Fries sold 295,234 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $42.97, for a total value of $12,686,204.98. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Liberty Global plc – Class A (NASDAQ:LBTYA) opened at 43.67 on Wednesday. Liberty Global plc – Class A has a 52 week low of $37.98 and a 52 week high of $46.464. The stock has a 50-day moving average of $43.07 and a 200-day moving average of $42.. The company’s market cap is $34.038 billion.
Liberty Global plc – Class A (NASDAQ:LBTYA) last released its earnings data 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 last year, the company posted ($0.04) earnings per share. Liberty Global plc – Class A’s revenue was up 50.5% compared to the same quarter last year. On average, analysts predict that Liberty Global plc – Class A will post $-0.08 earnings per share for the current fiscal year.
Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries.