Liberty Global (NASDAQ:LBTYA) Now Covered by Citigroup

Citigroup assumed coverage on shares of Liberty Global (NASDAQ:LBTYA) in a research note issued to investors on Friday, MarketBeat.com reports. The brokerage issued a buy rating and a $25.00 price target on the stock.

Several other equities analysts also recently weighed in on the stock. Barclays reduced their target price on shares of Liberty Global from $22.00 to $20.00 and set an equal weight rating for the company in a research note on Friday, May 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Liberty Global from $33.00 to $34.00 and gave the company a buy rating in a research note on Friday, July 12th. Finally, Benchmark restated a buy rating and set a $27.00 target price on shares of Liberty Global in a research report on Thursday, July 25th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus price target of $24.26.

Liberty Global Trading Down 1.5 %

NASDAQ:LBTYA opened at $18.69 on Friday. Liberty Global has a 52 week low of $15.01 and a 52 week high of $20.56. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of -2.89 and a beta of 1.16. The firm has a 50-day moving average price of $18.24 and a two-hundred day moving average price of $17.66. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. ARGA Investment Management LP increased its holdings in shares of Liberty Global by 1.7% in the first quarter. ARGA Investment Management LP now owns 94,600 shares of the company’s stock worth $1,601,000 after purchasing an additional 1,591 shares during the period. Wedbush Securities Inc. grew its position in Liberty Global by 13.3% during the second quarter. Wedbush Securities Inc. now owns 15,778 shares of the company’s stock worth $275,000 after buying an additional 1,855 shares in the last quarter. Bfsg LLC grew its position in Liberty Global by 27.1% during the second quarter. Bfsg LLC now owns 11,030 shares of the company’s stock worth $192,000 after buying an additional 2,349 shares in the last quarter. SG Americas Securities LLC increased its stake in Liberty Global by 15.8% in the 2nd quarter. SG Americas Securities LLC now owns 20,514 shares of the company’s stock worth $358,000 after acquiring an additional 2,801 shares during the last quarter. Finally, Headlands Technologies LLC raised its holdings in shares of Liberty Global by 8.4% in the 2nd quarter. Headlands Technologies LLC now owns 38,025 shares of the company’s stock valued at $663,000 after acquiring an additional 2,931 shares in the last quarter. 37.20% of the stock is owned by institutional investors.

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.