Liberty Global plc (LBTYA): Price Target and June Short Interest Disclosure

Liberty Global plc (LBTYA) : The highest level Liberty Global plc (LBTYA) is projected to reach is $55 for the short term and the lowest estimate is at $38. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $46.9 and the possibility the share price can swing is $6.03.

Liberty Global plc (LBTYA) encountered a drop of 12.2% or -649,379 shares in the short positions. The number dropped from 5,323,767 on June 15,2016 to 4,674,388 on June 30,2016. The final interest is 1.7% of the floated stock. The days to cover figure of 1 can be arrived using the average daily exchange of 7,596,985 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on Liberty Global plc (NASDAQ:LBTYA). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Citigroup lowers the price target from $54 per share to $50 per share. 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 $30.88, the bulls momentum made the stock top out at $31.735 level for the day. The stock recorded a low of $30.56 and closed the trading day at $31.61, in the green by 3.47%. The total traded volume for the day was 3,600,950. The stock had closed at $30.55 in the previous days trading.

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