Liberty Global plc – Class A (LBTYA) Given Consensus Rating of “Buy” by Brokerages

Liberty Global plc – Class A (NASDAQ:LBTYA) has earned a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $39.45.

Several brokerages have weighed in on LBTYA. Macquarie downgraded Liberty Global plc – Class A from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 27th. BidaskClub cut shares of Liberty Global plc – Class A from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Royal Bank of Canada reissued an “outperform” rating and set a $40.00 price objective on shares of Liberty Global plc – Class A in a research note on Monday, October 2nd. Buckingham Research initiated coverage on shares of Liberty Global plc – Class A in a research note on Friday, September 29th. They set a “buy” rating and a $44.00 price objective for the company. Finally, Barclays boosted their price objective on shares of Liberty Global plc – Class A from $40.00 to $43.50 and gave the company an “overweight” rating in a research note on Monday, October 16th.

Liberty Global plc – Class A (LBTYA) opened at $32.33 on Friday. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.47 and a current ratio of 0.47. The stock has a market capitalization of $26,256.16, a P/E ratio of 39.02 and a beta of 1.61. Liberty Global plc – Class A has a 12-month low of $28.17 and a 12-month high of $37.69.

In related news, Director J David Wargo bought 75,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were acquired at an average price of $22.08 per share, for a total transaction of $1,656,000.00. Following the purchase, the director now owns 119,445 shares in the company, valued at approximately $2,637,345.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John C. Malone sold 90,000 shares of the company’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $30.44, for a total transaction of $2,739,600.00. Following the completion of the sale, the director now owns 4,975,876 shares in the company, valued at approximately $151,465,665.44. The disclosure for this sale can be found here. Corporate insiders own 3.93% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Americafirst Capital Management LLC acquired a new stake in Liberty Global plc – Class A during the third quarter worth about $108,000. Neuberger Berman Group LLC acquired a new stake in Liberty Global plc – Class A during the third quarter worth about $207,000. California Public Employees Retirement System raised its stake in Liberty Global plc – Class A by 4.8% during the third quarter. California Public Employees Retirement System now owns 594,545 shares of the company’s stock worth $20,161,000 after acquiring an additional 27,314 shares during the period. Valeo Financial Advisors LLC acquired a new stake in Liberty Global plc – Class A during the third quarter worth about $191,000. Finally, Janus Henderson Group PLC raised its stake in Liberty Global plc – Class A by 35.7% during the third quarter. Janus Henderson Group PLC now owns 67,672 shares of the company’s stock worth $2,294,000 after acquiring an additional 17,809 shares during the period. Institutional investors and hedge funds own 22.02% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first reported by American Banking News and is the property of of American Banking News. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/12/15/liberty-global-plc-class-a-lbtya-given-consensus-rating-of-buy-by-brokerages.html.

Liberty Global plc – Class A Company Profile

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.

Analyst Recommendations for Liberty Global plc - Class A (NASDAQ:LBTYA)

Receive News & Ratings for Liberty Global plc - Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global plc - Class A and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply