Liberty Global plc – Class A (NASDAQ:LBTYA) had its price target lifted by Citigroup from $37.00 to $46.00 in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Citigroup’s price target indicates a potential upside of 31.05% from the stock’s current price.

Several other research analysts also recently weighed in on LBTYA. Zacks Investment Research downgraded shares of Liberty Global plc – Class A from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Barclays upped their price target on shares of Liberty Global plc – Class A from $40.00 to $43.50 and gave the stock an “overweight” rating in a research report on Monday, October 16th. Jefferies Group set a $42.00 price target on shares of Liberty Global plc – Class A and gave the stock a “buy” rating in a research report on Monday, October 30th. BidaskClub downgraded shares of Liberty Global plc – Class A from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Finally, Pivotal Research restated a “buy” rating and set a $44.00 price target on shares of Liberty Global plc – Class A in a research report on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $40.95.

Shares of Liberty Global plc – Class A (NASDAQ:LBTYA) opened at $35.10 on Tuesday. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.47 and a current ratio of 0.47. Liberty Global plc – Class A has a 12 month low of $28.17 and a 12 month high of $39.73. The stock has a market cap of $7,900.00, a PE ratio of 39.44 and a beta of 1.57.

Liberty Global plc – Class A announced that its board has approved a share buyback plan on Monday, December 18th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

In other Liberty Global plc – Class A news, Director Miranda Curtis sold 88,361 shares of the stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $21.63, for a total value of $1,911,248.43. Following the completion of the sale, the director now owns 218 shares in the company, valued at approximately $4,715.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director David E. Rapley sold 6,750 shares of the stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $33.82, for a total transaction of $228,285.00. Following the completion of the sale, the director now owns 8,045 shares of the company’s stock, valued at approximately $272,081.90. The disclosure for this sale can be found here. In the last quarter, insiders sold 152,911 shares of company stock valued at $3,887,646. 3.93% of the stock is owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. D.A. Davidson & CO. raised its holdings in Liberty Global plc – Class A by 69.6% in the 2nd quarter. D.A. Davidson & CO. now owns 3,348 shares of the company’s stock valued at $107,000 after acquiring an additional 1,374 shares during the last quarter. First Mercantile Trust Co. raised its holdings in Liberty Global plc – Class A by 9.8% in the 4th quarter. First Mercantile Trust Co. now owns 19,661 shares of the company’s stock valued at $705,000 after acquiring an additional 1,761 shares during the last quarter. DekaBank Deutsche Girozentrale raised its holdings in Liberty Global plc – Class A by 1.9% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 105,401 shares of the company’s stock valued at $3,666,000 after acquiring an additional 1,995 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec raised its holdings in Liberty Global plc – Class A by 5.4% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 40,800 shares of the company’s stock valued at $1,389,000 after acquiring an additional 2,100 shares during the last quarter. Finally, Suntrust Banks Inc. raised its holdings in Liberty Global plc – Class A by 37.5% in the 2nd quarter. Suntrust Banks Inc. now owns 8,543 shares of the company’s stock valued at $273,000 after acquiring an additional 2,331 shares during the last quarter. Institutional investors own 22.00% of the company’s stock.

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About Liberty Global plc – Class A

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)

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