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 analyst reports. TD Securities dropped their price objective on Liberty Broadband from $200.00 to $185.00 in a report on Wednesday, June 29th. StockNews.com upgraded shares of Liberty Broadband from a "sell" rating to a "hold" rating in a report on Wednesday, May 18th. Rosenblatt Securities assumed coverage on shares of Liberty Broadband in a report on Tuesday, April 19th. They issued a "buy" rating and a $222.00 price objective for the company. TheStreet lowered shares of Liberty Broadband from a "b-" rating to a "c+" rating in a research note on Monday, May 16th. Finally, Pivotal Research decreased their price target on shares of Liberty Broadband to $160.00 and set a "na" rating for the company in a research note on Tuesday, May 17th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $176.50.

Liberty Broadband Stock Up 0.1 %

Shares of NASDAQ:LBRDK traded up $0.16 during midday trading on Tuesday, hitting $120.32. The stock had a trading volume of 753,097 shares, compared to its average volume of 1,058,483. The business's 50 day moving average is $115.94 and its 200-day moving average is $127.91. Liberty Broadband has a 52 week low of $102.14 and a 52 week high of $194.05. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.43. The company has a market cap of $19.58 billion, a P/E ratio of 14.97 and a beta of 0.92.