BidaskClub upgraded shares of Liberty Global PLC (NASDAQ:LBTYA) from a buy rating to a strong-buy rating in a research report sent to investors on Friday morning.

Other equities research analysts have also recently issued reports about the stock. ValuEngine raised shares of Liberty Global PLC from a hold rating to a buy rating in a research report on Thursday, July 6th. Macquarie reissued a buy rating and set a $36.00 price target (down from $40.00) on shares of Liberty Global PLC in a research report on Wednesday, June 21st. Zacks Investment Research raised shares of Liberty Global PLC from a hold rating to a buy rating and set a $33.00 price target on the stock in a research report on Tuesday, June 20th. Jefferies Group LLC set a $43.00 price target on shares of Liberty Global PLC and gave the stock a buy rating in a research report on Saturday, June 17th. Finally, Pivotal Research cut their price target on shares of Liberty Global PLC from $47.00 to $42.00 and set a buy rating on the stock in a research report on Wednesday, May 10th. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Buy and an average target price of $39.85.

Liberty Global PLC (NASDAQ:LBTYA) traded down 0.64% during trading on Friday, reaching $34.39. 1,608,185 shares of the company’s stock traded hands. The firm has a market cap of $35.41 billion, a PE ratio of 20.68 and a beta of 1.67. Liberty Global PLC has a 12 month low of $28.17 and a 12 month high of $37.69. The firm has a 50 day moving average price of $31.52 and a 200-day moving average price of $33.57.

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In related news, Director John C. Malone purchased 223,186 shares of the firm’s stock in a transaction that occurred on Thursday, July 6th. The shares were acquired at an average price of $21.76 per share, for a total transaction of $4,856,527.36. Following the purchase, the director now owns 761,816 shares in the company, valued at $16,577,116.16. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John C. Malone purchased 100,719 shares of the firm’s stock in a transaction that occurred on Tuesday, July 11th. The stock was bought at an average price of $24.54 per share, for a total transaction of $2,471,644.26. Following the purchase, the director now owns 927,830 shares in the company, valued at approximately $22,768,948.20. The disclosure for this purchase can be found here. Insiders have bought a total of 1,610,000 shares of company stock worth $37,412,081 over the last 90 days. 5.81% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Leucadia National Corp bought a new position in shares of Liberty Global PLC during the first quarter worth approximately $3,012,000. Artisan Partners Limited Partnership raised its position in shares of Liberty Global PLC by 0.7% in the first quarter. Artisan Partners Limited Partnership now owns 10,900,902 shares of the company’s stock worth $391,015,000 after buying an additional 76,709 shares during the period. Bedrijfstakpensioenfonds Voor DE Media PNO bought a new position in shares of Liberty Global PLC during the second quarter worth approximately $1,754,000. Credit Suisse AG raised its position in shares of Liberty Global PLC by 41.3% in the first quarter. Credit Suisse AG now owns 493,598 shares of the company’s stock worth $17,705,000 after buying an additional 144,149 shares during the period. Finally, Commerzbank Aktiengesellschaft FI raised its position in shares of Liberty Global PLC by 66.7% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 52,450 shares of the company’s stock worth $1,881,000 after buying an additional 20,993 shares during the period. Institutional investors and hedge funds own 22.80% 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.

Analyst Recommendations for Liberty Global PLC (NASDAQ:LBTYA)

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