Liberty Global Ltd. (NASDAQ:LBTYA) Receives Average Recommendation of "Moderate Buy" from Brokerages

Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report) has earned an average rating of "Moderate Buy" from the eight analysts that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $24.26.

Several brokerages have weighed in on LBTYA. Citigroup began coverage on Liberty Global in a research report on Friday, August 9th. They issued a "buy" rating and a $25.00 target price on the stock. Bank of America upgraded shares of Liberty Global from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from $15.50 to $21.30 in a research report on Monday, August 12th. Finally, Benchmark restated a "buy" rating and issued a $27.00 target price on shares of Liberty Global in a research report on Tuesday, October 29th.

Institutional Investors Weigh In On Liberty Global

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its holdings in shares of Liberty Global by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company's stock worth $27,000 after purchasing an additional 601 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Liberty Global by 2.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company's stock valued at $595,000 after acquiring an additional 606 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of Liberty Global by 8.1% during the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company's stock worth $235,000 after acquiring an additional 835 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Liberty Global by 110.3% in the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company's stock worth $39,000 after acquiring an additional 975 shares during the last quarter. Finally, Stratos Wealth Advisors LLC raised its position in shares of Liberty Global by 4.1% during the third quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company's stock worth $625,000 after purchasing an additional 1,162 shares during the period. Institutional investors own 37.20% of the company's stock.

Liberty Global Stock Performance

LBTYA traded up $0.23 on Friday, hitting $20.06. 2,377,507 shares of the company's stock were exchanged, compared to its average volume of 1,763,934. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The stock has a fifty day moving average of $20.51 and a two-hundred day moving average of $18.77. Liberty Global has a twelve month low of $15.32 and a twelve month high of $21.56. The firm has a market cap of $7.17 billion, a PE ratio of -1.98 and a beta of 1.18.

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.