Citigroup started coverage on shares of Liberty Global (NASDAQ:LBTYA – Free Report) in a report published on Friday morning, Marketbeat reports. The brokerage issued a buy rating and a $25.00 price objective on the stock.
Other equities research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Liberty Global from $33.00 to $34.00 and gave the stock a buy rating in a research note on Friday, July 12th. Barclays dropped their price target on shares of Liberty Global from $22.00 to $20.00 and set an equal weight rating on the stock in a research note on Friday, May 3rd. Finally, Benchmark restated a buy rating and issued a $27.00 price target on shares of Liberty Global in a research note on Thursday, July 25th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of Moderate Buy and an average price target of $24.26.
Read Our Latest Analysis on Liberty Global
Liberty Global Stock Up 0.7 %
Hedge Funds Weigh In On Liberty Global
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. ACR Alpine Capital Research LLC lifted its position in Liberty Global by 375.4% in the 1st quarter. ACR Alpine Capital Research LLC now owns 2,744,184 shares of the company’s stock worth $46,432,000 after buying an additional 2,166,932 shares in the last quarter. GSA Capital Partners LLP lifted its position in Liberty Global by 100.5% in the 1st quarter. GSA Capital Partners LLP now owns 112,688 shares of the company’s stock worth $1,907,000 after buying an additional 56,491 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in Liberty Global by 8.5% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 4,518,231 shares of the company’s stock worth $80,290,000 after buying an additional 352,488 shares in the last quarter. Hsbc Holdings PLC raised its holdings in shares of Liberty Global by 168.4% during the 4th quarter. Hsbc Holdings PLC now owns 97,621 shares of the company’s stock valued at $1,726,000 after purchasing an additional 61,244 shares in the last quarter. Finally, Nebula Research & Development LLC raised its holdings in shares of Liberty Global by 296.6% during the 4th quarter. Nebula Research & Development LLC now owns 58,801 shares of the company’s stock valued at $1,045,000 after purchasing an additional 43,976 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.
Liberty Global Company Profile
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.
Featured Articles
- Five stocks we like better than Liberty Global
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- It’s Time to Take a Second Look at Take-Two Interactive Stock
- There Are Different Types of Stock To Invest In
- Cirrus Logic Stock Surges on Strong Apple iPhone Upgrade Cycle
- P/E Ratio Calculation: How to Assess Stocks
- The Trade Desk : Premium Digital Ad Demand Fuels Record Growth
Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.