Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Liberty Global Plc (NASDAQ: LBTYK) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Liberty Global Plc (NASDAQ: LBTYK) stock closed at $17.67 on 4/8/24 after a modest gain of 0.7%. However, trading volume in this advance was below average at 74% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LBTYK is expected to continue to be a modest Value Builder.
Liberty Global has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Liberty Global has a very high Appreciation Score of 98 but a poor Power Rating of 27, producing the High Neutral Value Trend Rating.
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