Liberty Global Reports Q3 2024 Results

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(LBTYK) PT Raised to $28 at Pivotal Research

October 30, 2024 3:09 PM EDT

Pivotal Research analyst Jeffrey Wlodarczak raised the price target on (NASDAQ: LBTYK) to $28.00 (from $25.00) while maintaining a Buy rating.

The analyst comments "Our sum of the parts valuation methodology includes a: 1) an 8X (up from 7X) EBITDA multiple on their Swiss assets (to be spun to shareholders by 11/12), 2) 6X on their Belgium assets, 3) a... More