GCI Liberty (NASDAQ:GLIBA) had its target price lifted by Citigroup from $55.00 to $59.00 in a research report issued to clients and investors on Friday, March 29th, BenzingaRatingsTable reports. The firm presently has a “neutral” rating on the stock. Citigroup‘s target price points to a potential upside of 0.80% from the stock’s previous close.
GLIBA has been the subject of several other research reports. B. Riley restated a “buy” rating and set a $69.00 price target (up previously from $66.00) on shares of GCI Liberty in a research report on Monday, March 4th. Zacks Investment Research upgraded shares of GCI Liberty from a “hold” rating to a “strong-buy” rating and set a $61.00 price target for the company in a research report on Monday, February 4th. Finally, Pivotal Research reiterated a “buy” rating and issued a $65.00 target price on shares of GCI Liberty in a research report on Tuesday, March 5th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $65.80.
GLIBA stock traded up $0.03 during trading on Friday, hitting $58.53. 166,503 shares of the company’s stock traded hands, compared to its average volume of 302,384. The firm has a market cap of $6.18 billion and a price-to-earnings ratio of -37.04. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.69 and a quick ratio of 0.69. GCI Liberty has a 52 week low of $38.72 and a 52 week high of $58.79.
GCI Liberty Company Profile
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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