Liberty Global (NASDAQ:LBTYA) Has Just Had Its Target Cut by Researchers at Jefferies & Co to $54.00

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Analysis: Liberty Global (NASDAQ:LBTYA) Stock Target Has Been Increased Today

In recent note issued by Jefferies & Co on Friday, 4 December, the firm, Liberty Global (NASDAQ:LBTYA), had their PT lowered to $54.00. Analusts currently have a solid Buy rating on the stock.

From a total of 15 analysts covering Liberty Global (NASDAQ:LBTYA) stock, 12 rate it a ”Buy”, 1 a “Sell”, and 1 a ”Hold”. This means that 86% of the ratings are positive. The highest target price is $65 while the lowest target price is $36. The mean of all analyst targets is $56.31 with a 52.28% above today’s ($42.31) stock price. Liberty Global was the topic of 9 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on November 9 with “Outperform” rating.

The stock increased 0.59% or $0.25 on December 4, striking $42.31. Approximately shares of stock traded hands. Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) has declined 20.26% since May 4, 2015 and is downtrending. It has underperformed by 19.18% the S&P500.

According to Zacks Investment Research, “Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U.S., principally in Europe, Asia, and Latin America. Through its subsidiaries and affiliates, Liberty Global is one of the largest cable television operators in terms of subscribers outside the United States.” Get a free copy of the Zacks research report on Liberty Global plc – Class A Ordinary Shares (LBTYA).

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