JP Morgan has decided to maintain its Neutral rating of Liberty Global LBTYA and lower its price target from $27.00 to $24.40.
Shares of Liberty Global are trading down 0.31% over the last 24 hours, at $19.17 per share.
A move to $24.40 would account for a 27.28% increase from the current share price.
About Liberty Global
Liberty Global is a holding company with interests in several telecom companies in the U.K., Netherlands, Belgium, Switzerland, Ireland, and Slovakia. Liberty is the owner of the main cable network in each of these geographies and has pursued a strategy since 2016 to merge or partner with mobile-network-operators to be able to offer converged services. Liberty also owns minority stakes in other media, entertainment, and cloud companies.
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