Pivotal Research set a $75.00 price target on GCI Liberty (NASDAQ:GLIBA) in a report published on Friday, TipRanks reports. The firm currently has a buy rating on the stock.
A number of other equities analysts have also commented on GLIBA. Evercore ISI assumed coverage on shares of GCI Liberty in a research note on Thursday. They issued an outperform rating and a $70.00 price objective for the company. B. Riley reiterated a buy rating and issued a $72.00 target price (up previously from $69.00) on shares of GCI Liberty in a research report on Friday, May 10th. Benchmark initiated coverage on shares of GCI Liberty in a research report on Thursday. They issued a buy rating and a $70.00 target price for the company. Finally, Zacks Investment Research downgraded shares of GCI Liberty from a buy rating to a hold rating in a research report on Thursday, July 11th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. GCI Liberty presently has an average rating of Buy and an average price target of $68.50.
NASDAQ:GLIBA traded up $0.76 during trading hours on Friday, reaching $59.91. 291,555 shares of the company’s stock were exchanged, compared to its average volume of 414,902. The company has a market capitalization of $6.33 billion, a P/E ratio of -37.92 and a beta of 1.42. GCI Liberty has a 12 month low of $38.72 and a 12 month high of $64.85. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.40. The business’s 50-day simple moving average is $61.52 and its two-hundred day simple moving average is $58.27.
About GCI Liberty
GCI Liberty, Inc, together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services.
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