Barclays Capital Cuts Price Target on Liberty Capital (LMCA)
Investment analysts at Barclays Capital (NYSE: BCS) cut their target price on shares of Liberty Capital (NASDAQ: LMCA) from $104.00 to $98.00 in a note issued to investors on Tuesday. The firm currently has an “equal weight” rating on the stock.
Shares of Liberty Capital opened at 85.46 on Tuesday. Liberty Capital has a one year low of $58.51 and a one year high of $104.34. The company has a market cap of $10.318 billion and a P/E ratio of 16.80.
A number of other analysts have also recently weighed in on LMCA. Analysts at Evercore Partners initiated coverage on shares of Liberty Capital in a research note to investors on Friday, May 18th. They set an “overweight” rating on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Liberty Capital in a research note to investors on Wednesday, May 9th. Finally, analysts at Needham & Company reiterated a “buy” rating on shares of Liberty Capital in a research note to investors on Wednesday, May 9th.
Liberty Media Corporation (Liberty), formerly Liberty CapStarz, Inc., owns interests in subsidiaries and other companies which are engaged in the media, communications and entertainment industries.