Price Target Update on Liberty Global plc (NASDAQ:LBTYA)

Liberty Global plc (NASDAQ:LBTYA) : The most positive equity analysts on Liberty Global plc (NASDAQ:LBTYA) expects the shares to touch $60, whereas, the least positive believes that the stock will trade at $47 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $53.43 with an expected fluctuation of $4.29 from the mean.

Other Equity analysts have also commented on the company shares. Major Brokerage house, Citigroup maintains its ratings on Liberty Global plc (NASDAQ:LBTYA). In the latest research report, Citigroup lowers the target price from $54 per share to $50 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on May 13, 2016.

Liberty Global plc (NASDAQ:LBTYA): stock turned positive on Thursday. Though the stock opened at $32.52, the bulls momentum made the stock top out at $33.58 level for the day. The stock recorded a low of $32.46 and closed the trading day at $33.14, in the green by 2.98%. The total traded volume for the day was 2,779,754. The stock had closed at $32.18 in the previous days trading.

The company shares have dropped -42.75% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $56.89 and the one year low was seen on Jun 21, 2016. The 50-Day Moving Average price is $36.65 and the 200 Day Moving Average price is recorded at $37.22.

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