UBS Group Issues Pessimistic Forecast for Liberty Global (NASDAQ:LBTYA) Stock Price

Liberty Global (NASDAQ:LBTYA) had its target price reduced by research analysts at UBS Group from $13.00 to $10.60 in a research note issued on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 16.74% from the company’s current price.

LBTYA has been the topic of a number of other research reports. Barclays set a $11.00 price target on shares of Liberty Global and gave the company an “equal weight” rating in a research note on Tuesday, May 6th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Finally, Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $16.94.

Liberty Global Price Performance

LBTYA stock opened at $9.08 on Monday. Liberty Global has a one year low of $9.03 and a one year high of $21.56. The company’s fifty day moving average price is $10.79 and its 200-day moving average price is $12.40. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The company has a market capitalization of $3.14 billion, a PE ratio of 2.17 and a beta of 1.23.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.83) by ($3.01). Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.09 billion. On average, equities analysts anticipate that Liberty Global will post -1.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. American Century Companies Inc. increased its position in Liberty Global by 66.5% during the first quarter. American Century Companies Inc. now owns 1,227,160 shares of the company’s stock valued at $14,125,000 after acquiring an additional 490,284 shares during the last quarter. Ethic Inc. increased its position in Liberty Global by 54.4% during the first quarter. Ethic Inc. now owns 56,317 shares of the company’s stock valued at $647,000 after acquiring an additional 19,837 shares during the last quarter. Nuveen LLC bought a new position in Liberty Global during the first quarter valued at $10,809,000. Entropy Technologies LP bought a new position in Liberty Global during the first quarter valued at $1,315,000. Finally, Townsquare Capital LLC bought a new position in Liberty Global during the first quarter valued at $763,000. Institutional investors own 37.20% of the company’s stock.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.