Shares of Liberty Global PLC (NASDAQ:LILA) have earned a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $27.67.

LILA has been the topic of several analyst reports. Barclays lowered shares of Liberty Global from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $24.00 to $20.00 in a research report on Monday, November 6th. Royal Bank Of Canada set a $29.00 price target on shares of Liberty Global and gave the stock a “hold” rating in a research report on Wednesday, October 11th. raised shares of Liberty Global from a “reduce” rating to a “hold” rating in a research report on Monday, November 13th. Zacks Investment Research raised shares of Liberty Global from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research report on Wednesday, October 4th. Finally, Macquarie lowered shares of Liberty Global from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $35.00 to $25.00 in a research report on Wednesday, September 27th.

Several institutional investors and hedge funds have recently modified their holdings of the company. Parametric Portfolio Associates LLC raised its position in shares of Liberty Global by 2.0% in the second quarter. Parametric Portfolio Associates LLC now owns 11,004 shares of the company’s stock valued at $240,000 after purchasing an additional 211 shares during the period. Royal Bank of Canada raised its position in shares of Liberty Global by 3.1% in the second quarter. Royal Bank of Canada now owns 32,399 shares of the company’s stock valued at $706,000 after purchasing an additional 974 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Liberty Global by 4.8% in the second quarter. Goldman Sachs Group Inc. now owns 33,419 shares of the company’s stock valued at $728,000 after acquiring an additional 1,544 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Liberty Global by 1.3% in the second quarter. PNC Financial Services Group Inc. now owns 139,466 shares of the company’s stock valued at $3,037,000 after acquiring an additional 1,729 shares in the last quarter. Finally, California Public Employees Retirement System grew its stake in shares of Liberty Global by 2.2% in the second quarter. California Public Employees Retirement System now owns 84,380 shares of the company’s stock valued at $1,837,000 after acquiring an additional 1,800 shares in the last quarter. 20.81% of the stock is currently owned by institutional investors.

Liberty Global (NASDAQ LILA) traded up $0.25 during midday trading on Thursday, reaching $21.52. 330,800 shares of the company’s stock traded hands, compared to its average volume of 315,660. Liberty Global has a 1 year low of $19.65 and a 1 year high of $28.11.

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About Liberty Global

LiLAC Group provides various broadband services over cable distribution systems, and mobile services in Chile and Puerto Rico. It offers triple-play services consisting of video, broadband Internet, and fixed-line telephony services in 34 communities within Santiago; and 42 communities outside Santiago, including Iquique, Antofagasta, Concepción, Viña del Mar, Valparaiso, and Rancagua, as well as smaller cities across Chile.

Analyst Recommendations for Liberty Global (NASDAQ:LILA)

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