Liberty Broadband - LBRDK Stock Forecast, Price & News

Liberty Broadband Corporation engages in the communications businesses. It operates through GCI Holdings and Charter segments. The GCI Holdings segment provides a range of wireless, data, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. The Charter segment offers subscription-based video services comprising video on demand, high-definition television, and digital video recorder service; local and long-distance calling, voicemail, call waiting, caller ID, call forwarding, and other voice services, as well as international calling services; and Spectrum TV. It also provides internet services, including an in-home Wi-Fi product that provides customers with high-performance wireless routers and managed Wi-Fi services; advanced community Wi-Fi; mobile internet; and a security suite that offers protection against computer viruses and spyware. In addition, this segment offers internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; advertising services on cable television networks and digital outlets; and operates regional sports and news networks. Liberty Broadband Corporation was incorporated in 2014 and is based in Englewood, Colorado.

Analyst Ratings Changes

LBRDK has been the subject of several research reports. Pivotal Research cut their target price on Liberty Broadband to $160.00 and set a "na" rating for the company in a research note on Tuesday, May 17th. StockNews.com raised Liberty Broadband from a "sell" rating to a "hold" rating in a research note on Wednesday, May 18th. TD Securities dropped their price objective on Liberty Broadband from $200.00 to $185.00 in a research note on Wednesday, June 29th. Morgan Stanley increased their price objective on Liberty Broadband from $124.00 to $139.00 and gave the company an "equal weight" rating in a research note on Thursday, June 2nd. Finally, Rosenblatt Securities assumed coverage on Liberty Broadband in a research note on Tuesday, April 19th. They set a "buy" rating and a $222.00 price objective for the company. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Liberty Broadband currently has a consensus rating of "Moderate Buy" and an average price target of $176.50.

Liberty Broadband Trading Up 1.0 %

Shares of NASDAQ:LBRDK opened at $120.16 on Tuesday. Liberty Broadband has a 52-week low of $102.14 and a 52-week high of $194.05. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a market capitalization of $19.56 billion, a price-to-earnings ratio of 14.80 and a beta of 0.92. The stock's 50-day simple moving average is $115.98 and its two-hundred day simple moving average is $128.10.