Liberty Global PLC (LBTYA) Given New $43.50 Price Target at Barclays PLC
A number of other analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Liberty Global PLC from a buy rating to a hold rating in a report on Tuesday, October 10th. Royal Bank Of Canada reaffirmed an outperform rating and issued a $40.00 target price on shares of Liberty Global PLC in a report on Monday, October 2nd. Buckingham Research initiated coverage on shares of Liberty Global PLC in a report on Friday, September 29th. They issued a buy rating and a $44.00 target price on the stock. Macquarie cut shares of Liberty Global PLC from an outperform rating to a neutral rating in a report on Wednesday, September 27th. Finally, Exane BNP Paribas cut shares of Liberty Global PLC from an outperform rating to an underperform rating in a report on Monday, September 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating, ten have given 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 price target of $41.04.
Liberty Global PLC (NASDAQ:LBTYA) opened at 32.59 on Monday. Liberty Global PLC has a 52 week low of $28.17 and a 52 week high of $37.69. The firm has a market cap of $32.71 billion, a price-to-earnings ratio of 35.81 and a beta of 1.63. The firm’s 50-day moving average is $33.19 and its 200-day moving average is $32.72.
In other Liberty Global PLC news, Director David E. Rapley sold 2,985 shares of the business’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $32.81, for a total transaction of $97,937.85. Following the sale, the director now directly owns 14,795 shares in the company, valued at approximately $485,423.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John C. Malone sold 90,000 shares of the business’s stock in a transaction on Monday, August 21st. The stock was sold at an average price of $32.51, for a total transaction of $2,925,900.00. Following the sale, the director now owns 6,625,227 shares in the company, valued at $215,386,129.77. The disclosure for this sale can be found here. Insiders sold a total of 182,985 shares of company stock worth $5,994,738 over the last three months. 5.81% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently modified their holdings of LBTYA. Standard Life Investments LTD purchased a new stake in shares of Liberty Global PLC during the 2nd quarter worth $105,000. D.A. Davidson & CO. boosted its position in shares of Liberty Global PLC by 69.6% during the 2nd quarter. D.A. Davidson & CO. now owns 3,348 shares of the company’s stock worth $107,000 after purchasing an additional 1,374 shares in the last quarter. Commonwealth Bank of Australia boosted its position in shares of Liberty Global PLC by 96.7% during the 2nd quarter. Commonwealth Bank of Australia now owns 4,712 shares of the company’s stock worth $150,000 after purchasing an additional 2,316 shares in the last quarter. Jacobi Capital Management LLC boosted its position in shares of Liberty Global PLC by 1.1% during the 2nd quarter. Jacobi Capital Management LLC now owns 5,093 shares of the company’s stock worth $162,000 after purchasing an additional 57 shares in the last quarter. Finally, Ameritas Investment Partners Inc. purchased a new stake in shares of Liberty Global PLC during the 1st quarter worth $163,000. Institutional investors own 22.03% of the company’s stock.
Liberty Global PLC 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.
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