Evercore ISI began coverage on shares of GCI Liberty (NASDAQ:GLIBA) in a research note released on Thursday morning, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $70.00 target price on the stock.
Several other research analysts also recently commented on the company. Zacks Investment Research downgraded GCI Liberty from a buy rating to a hold rating in a report on Thursday, July 11th. B. Riley reiterated a buy rating and issued a $72.00 price objective (up previously from $69.00) on shares of GCI Liberty in a report on Friday, May 10th. Pivotal Research reiterated a buy rating and issued a $69.00 price objective (up previously from $65.00) on shares of GCI Liberty in a report on Friday, May 10th. Finally, Benchmark started coverage on GCI Liberty in a report on Thursday. They issued a buy rating and a $70.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $67.50.
Shares of GLIBA stock opened at $59.15 on Thursday. The firm has a market cap of $6.19 billion, a P/E ratio of -37.44 and a beta of 1.42. The business has a 50-day moving average price of $61.52 and a two-hundred day moving average price of $58.27. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.40. GCI Liberty has a 12-month low of $38.72 and a 12-month high of $64.85.
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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