Barclays Has Lowered Expectations for Liberty Global (NASDAQ:LBTYA) Stock Price

Liberty Global (NASDAQ:LBTYA) had its price target lowered by Barclays from $20.00 to $12.00 in a research note released on Monday,Benzinga reports. Barclays currently has an equal weight rating on the stock.

LBTYA has been the topic of a number of other research reports. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and upped their price target for the company from $15.50 to $21.30 in a research note on Monday, August 12th. Benchmark restated a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. UBS Group downgraded Liberty Global from a “buy” rating to a “neutral” rating and dropped their price target for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Finally, Citigroup started coverage on Liberty Global in a research note on Friday, August 9th. They issued a “buy” rating and a $25.00 price objective for the company. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $21.76.

Liberty Global Price Performance

Shares of LBTYA stock opened at $13.99 on Monday. The firm has a market capitalization of $5.00 billion, a price-to-earnings ratio of -1.38 and a beta of 1.18. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The stock’s 50-day simple moving average is $19.01 and its 200-day simple moving average is $18.56. Liberty Global has a fifty-two week low of $10.93 and a fifty-two week high of $21.56.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Liberty Global by 4.0% during the first quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company’s stock valued at $58,316,000 after buying an additional 131,077 shares during the period. SG Americas Securities LLC increased its stake in shares of Liberty Global by 15.8% in the 2nd quarter. SG Americas Securities LLC now owns 20,514 shares of the company’s stock valued at $358,000 after purchasing an additional 2,801 shares in the last quarter. Welch Group LLC acquired a new position in Liberty Global in the 2nd quarter worth about $174,000. ARS Investment Partners LLC purchased a new position in Liberty Global during the second quarter worth approximately $261,000. Finally, Tevis Investment Management grew its holdings in Liberty Global by 156.0% in the second quarter. Tevis Investment Management now owns 27,170 shares of the company’s stock valued at $474,000 after purchasing an additional 16,555 shares during the period. 37.20% of the stock is currently owned by hedge funds and other 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.