Barclays Keeps Their Hold Rating on Liberty Global A (LBTYA)
Barclays analyst Maurice Patrick maintained a Hold rating on Liberty Global A (LBTYA – Research Report) today and set a price target of $12.00. The company’s shares closed last Friday at $9.64.
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According to TipRanks, Patrick is a 4-star analyst with an average return of 2.4% and a 48.76% success rate. Patrick covers the Communication Services sector, focusing on stocks such as Liberty Global A, Telia Company AB, and IHS Holding.
The word on The Street in general, suggests a Hold analyst consensus rating for Liberty Global A with a $13.35 average price target.
Based on Liberty Global A’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.17 billion and a GAAP net loss of $1.34 billion. In comparison, last year the company earned a revenue of $1.95 billion and had a net profit of $510 million
