Liberty Global Ltd (NASDAQ:LBTYA) Receives $14.26 Average Price Target from Analysts

Key Points

• Liberty Global Ltd (NASDAQ:LBTYA) has an average analyst rating of "Hold", with 1 sell, 5 hold, and 2 buy ratings from eight brokerages.
• The company's 12-month price target among analysts is $14.26, while recent targets have varied, with Barclays and Citigroup both setting targets at $11.00.
• Liberty Global reported an earnings per share of ($8.09) for the last quarter, significantly missing expectations, while revenue of $1.27 billion exceeded estimates.

Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report) has received an average recommendation of "Hold" from the eight ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $14.2571.

A number of research firms recently weighed in on LBTYA. Citigroup decreased their price target on Liberty Global from $13.00 to $11.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 28th. UBS Group lifted their price target on Liberty Global from $10.60 to $11.80 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. Benchmark restated a "buy" rating and issued a $21.00 price target (up from $18.00) on shares of Liberty Global in a research note on Monday, August 4th. Berenberg Bank upgraded Liberty Global to a "hold" rating in a research note on Thursday, June 26th. Finally, Barclays set a $11.00 target price on Liberty Global and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th.

Institutional Trading of Liberty Global

A number of institutional investors have recently bought and sold shares of LBTYA. Norges Bank purchased a new stake in Liberty Global during the second quarter worth $37,954,000. ACR Alpine Capital Research LLC lifted its position in shares of Liberty Global by 14.1% in the first quarter. ACR Alpine Capital Research LLC now owns 19,835,384 shares of the company's stock valued at $228,305,000 after acquiring an additional 2,458,406 shares in the last quarter. Lancaster Investment Management lifted its position in shares of Liberty Global by 91.5% in the second quarter. Lancaster Investment Management now owns 4,506,798 shares of the company's stock valued at $45,113,000 after acquiring an additional 2,152,798 shares in the last quarter. Wolf Hill Capital Management LP purchased a new stake in shares of Liberty Global in the fourth quarter valued at $27,413,000. Finally, Contour Asset Management LLC purchased a new stake in shares of Liberty Global in the fourth quarter valued at $25,730,000. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Price Performance

Shares of Liberty Global stock traded up $0.12 during trading on Thursday, reaching $11.53. The company's stock had a trading volume of 2,332,913 shares, compared to its average volume of 2,293,610. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global has a 12-month low of $9.02 and a 12-month high of $21.56. The company has a market capitalization of $3.93 billion, a P/E ratio of -1.18 and a beta of 1.13. The business has a 50 day moving average price of $10.19 and a 200-day moving average price of $10.54.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.55) by ($7.54). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The business had revenue of $1.27 billion during the quarter, compared to analysts' expectations of $1.20 billion. As a group, sell-side analysts anticipate that Liberty Global will post -1.35 EPS for the current year.

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.