After Jefferies and Pivotal Research gave Liberty Global A (NASDAQ: LBTYA) a Buy rating last month, the company received another Buy, this time from Barclays. Analyst Daniel Morris maintained a Buy rating on Liberty Global A today and set a price target of $35. The company’s shares closed yesterday at $23.67, close to its 52-week low of $23.17.
According to TipRanks.com, Morris is ranked #1280 out of 4897 analysts.
Liberty Global A has an analyst consensus of Strong Buy, with a price target consensus of $35.54, a 50.1% upside from current levels. In a report issued on November 7, 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 September 30, the company reported a quarterly GAAP net loss of $124 million. In comparison, last year the company had a GAAP net loss of $792 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.
