Barclays Keeps Their Buy Rating on Liberty Global A (LBTYA)


Barclays analyst Daniel Morris maintained a Buy rating on Liberty Global A (NASDAQ: LBTYA) on August 10 and set a price target of $37. The company’s shares closed on Friday at $27.80, close to its 52-week low of $26.89.

According to TipRanks.com, Morris is ranked #1415 out of 4848 analysts.

Currently, the analyst consensus on Liberty Global A is a Moderate Buy with an average price target of $33.40, implying a 20.1% upside from current levels. In a report issued on August 8, Pivotal Research also reiterated a Buy rating on the stock with a $35 price target.

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Based on Liberty Global A’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $913 million. In comparison, last year the company had a GAAP net loss of $674 million.

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Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services, including video, broadband Internet and fixed-line telephony services; B2B services; as well as mobile services.

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