Liberty Global plc (LBTYA) : Analyst Rating Update

Liberty Global plc (LBTYA) : 4 brokerage houses believe that Liberty Global plc (LBTYA) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Liberty Global plc (LBTYA). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.

Liberty Global plc (LBTYA) : The most positive equity analysts on Liberty Global plc (LBTYA) expects the shares to touch $57, whereas, the least positive believes that the stock will trade at $39 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $48.93 with an expected fluctuation of $7.05 from the mean.

Liberty Global plc (NASDAQ:LBTYA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.23 and $26.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.66, notching a gain of 0.62% for the day. The total traded volume was 6,235,568 . The stock had closed at $27.49 on the previous day.

Also, Equity Analysts at the Citigroup maintains the rating on Liberty Global plc (NASDAQ:LBTYA). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency lowers the price target from $54 per share to $50 per share. The rating by the firm was issued on May 13, 2016. The company shares have dropped -43.88% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $54.42 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $34.74 and the 200 Day Moving Average price is recorded at $36.47.

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