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

A number of research analysts recently commented on LBRDK shares. TD Securities lowered their price objective on shares of Liberty Broadband from $200.00 to $185.00 in a research note on Wednesday, June 29th. Pivotal Research decreased their target price on Liberty Broadband to $160.00 and set a "na" rating on the stock in a report on Tuesday, May 17th. Morgan Stanley upped their target price on Liberty Broadband from $124.00 to $139.00 and gave the company an "equal weight" rating in a report on Thursday, June 2nd. Rosenblatt Securities initiated coverage on Liberty Broadband in a research report on Tuesday, April 19th. They issued a "buy" rating and a $222.00 price target for the company. Finally, StockNews.com upgraded shares of Liberty Broadband from a "sell" rating to a "hold" rating in a report on Wednesday, May 18th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Liberty Broadband currently has a consensus rating of "Moderate Buy" and an average price target of $176.50.

Liberty Broadband Stock Up 2.2 %

Liberty Broadband stock opened at $118.98 on Monday. The company has a market capitalization of $19.37 billion, a P/E ratio of 14.80 and a beta of 0.91. Liberty Broadband has a 1-year low of $102.14 and a 1-year high of $194.05. The firm's fifty day simple moving average is $115.98 and its 200-day simple moving average is $128.18. The company has a current ratio of 1.23, a quick ratio of 1.02 and a debt-to-equity ratio of 0.43.