Barclays Lowers Liberty Global (NASDAQ:LBTYA) Price Target to $12.00

Liberty Global (NASDAQ:LBTYA - Get Free Report) had its price objective lowered by investment analysts at Barclays from $20.00 to $12.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's price target would suggest a potential downside of 11.37% from the stock's previous close.

A number of other research firms also recently weighed in on LBTYA. Benchmark reiterated a "buy" rating and set a $27.00 target price on shares of Liberty Global in a research report on Tuesday, October 29th. Bank of America raised shares of Liberty Global from an "underperform" rating to a "neutral" rating and raised their target price for the company from $15.50 to $21.30 in a report on Monday, August 12th. UBS Group downgraded shares of Liberty Global from a "buy" rating to a "neutral" rating and cut their price target for the stock from $23.00 to $13.00 in a report on Monday, November 18th. Finally, Citigroup assumed coverage on shares of Liberty Global in a research note on Friday, August 9th. They issued a "buy" rating and a $25.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Liberty Global has a consensus rating of "Hold" and a consensus price target of $21.76.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA traded up $0.22 during trading hours on Monday, reaching $13.54. 2,324,881 shares of the stock were exchanged, compared to its average volume of 1,855,791. The stock's fifty day simple moving average is $19.41 and its 200 day simple moving average is $18.64. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of -1.33 and a beta of 1.18. Liberty Global has a 52 week low of $10.93 and a 52 week high of $21.56. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

Institutional Investors Weigh In On Liberty Global

Several hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Liberty Global by 2,799.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company's stock worth $98,079,000 after acquiring an additional 4,485,823 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Liberty Global by 212.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,289,441 shares of the company's stock worth $57,336,000 after purchasing an additional 2,236,696 shares in the last quarter. Rubric Capital Management LP increased its stake in Liberty Global by 43.7% in the 2nd quarter. Rubric Capital Management LP now owns 5,526,107 shares of the company's stock valued at $96,320,000 after buying an additional 1,680,756 shares during the last quarter. State Street Corp lifted its position in shares of Liberty Global by 36.8% during the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company's stock worth $55,399,000 after buying an additional 705,780 shares in the last quarter. Finally, ING Groep NV purchased a new position in shares of Liberty Global in the 3rd quarter worth approximately $12,953,000. 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.