Liberty Global PLC (NASDAQ:LBTYA)‘s stock had its “buy” rating reiterated by investment analysts at Macquarie in a research note issued to investors on Wednesday. They currently have a $36.00 target price on the stock. Macquarie’s target price indicates a potential upside of 25.00% from the stock’s previous close.

LBTYA has been the subject of a number of other research reports. Credit Suisse Group downgraded Liberty Global PLC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, May 24th. BidaskClub downgraded Liberty Global PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, June 9th. Citigroup Inc. lifted their price target on Liberty Global PLC from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, March 6th. TheStreet downgraded Liberty Global PLC from a “b-” rating to a “c+” rating in a research note on Tuesday, May 9th. Finally, Jefferies Group LLC lifted their price target on Liberty Global PLC from $42.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, May 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Liberty Global PLC presently has an average rating of “Buy” and an average target price of $40.69.

Analyst Recommendations for Liberty Global PLC (NASDAQ:LBTYA)

Liberty Global PLC (LBTYA) opened at 28.80 on Wednesday. The firm has a market capitalization of $29.65 billion, a PE ratio of 17.32 and a beta of 1.68. The company’s 50-day moving average price is $30.69 and its 200 day moving average price is $33.45. Liberty Global PLC has a 12 month low of $26.16 and a 12 month high of $37.69.

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Several institutional investors have recently made changes to their positions in LBTYA. MAI Capital Management increased its position in Liberty Global PLC by 0.7% in the first quarter. MAI Capital Management now owns 9,255 shares of the company’s stock valued at $332,000 after buying an additional 60 shares during the last quarter. Searle & CO. purchased a new position in Liberty Global PLC during the first quarter valued at approximately $620,000. GLG LLC increased its position in Liberty Global PLC by 6.8% in the fourth quarter. GLG LLC now owns 8,724 shares of the company’s stock valued at $267,000 after buying an additional 555 shares during the last quarter. Daiwa Securities Group Inc. increased its position in Liberty Global PLC by 11.3% in the first quarter. Daiwa Securities Group Inc. now owns 6,903 shares of the company’s stock valued at $248,000 after buying an additional 700 shares during the last quarter. Finally, Janus Capital Management LLC increased its position in Liberty Global PLC by 0.7% in the fourth quarter. Janus Capital Management LLC now owns 125,378 shares of the company’s stock valued at $3,835,000 after buying an additional 856 shares during the last quarter. Hedge funds and other institutional investors own 23.59% of the company’s stock.

About Liberty Global PLC

Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries. The Company’s tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.

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