Liberty Broadband Corp Series A (NASDAQ:LBRDA) Research Coverage Started at Benchmark

Benchmark began coverage on shares of Liberty Broadband Corp Series A (NASDAQ:LBRDA) in a research note issued to investors on Thursday, Briefing.com Automated Import reports. The firm issued a buy rating and a $122.00 price target on the stock.

A number of other equities analysts also recently commented on the company. TD Securities upgraded Liberty Broadband Corp Series A from a hold rating to a buy rating in a report on Friday, August 9th. Deutsche Bank increased their price objective on Liberty Broadband Corp Series A from $107.00 to $118.00 and gave the stock a buy rating in a report on Friday, May 17th. TheStreet downgraded Liberty Broadband Corp Series A from a b- rating to a c rating in a report on Monday, May 13th. ValuEngine downgraded Liberty Broadband Corp Series A from a buy rating to a hold rating in a report on Thursday, August 1st. Finally, Zacks Investment Research upgraded Liberty Broadband Corp Series A from a sell rating to a hold rating in a report on Tuesday, June 4th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Liberty Broadband Corp Series A presently has a consensus rating of Buy and an average target price of $109.50.

NASDAQ:LBRDA opened at $98.44 on Thursday. The stock’s 50 day moving average price is $102.01 and its 200 day moving average price is $96.66. Liberty Broadband Corp Series A has a 52 week low of $68.76 and a 52 week high of $107.39. The company has a market capitalization of $17.63 billion, a P/E ratio of 259.05 and a beta of 1.30. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.53 and a current ratio of 2.53.

A number of institutional investors have recently made changes to their positions in LBRDA. FNY Investment Advisers LLC bought a new stake in Liberty Broadband Corp Series A during the second quarter worth approximately $35,000. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Liberty Broadband Corp Series A by 29.7% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 498 shares of the company’s stock valued at $51,000 after acquiring an additional 114 shares during the period. Quadrant Capital Group LLC boosted its position in shares of Liberty Broadband Corp Series A by 490.9% in the first quarter. Quadrant Capital Group LLC now owns 650 shares of the company’s stock valued at $57,000 after acquiring an additional 540 shares during the period. Pathstone Family Office LLC boosted its position in shares of Liberty Broadband Corp Series A by 141.7% in the second quarter. Pathstone Family Office LLC now owns 1,008 shares of the company’s stock valued at $104,000 after acquiring an additional 591 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Liberty Broadband Corp Series A in the second quarter valued at approximately $106,000. 11.96% of the stock is owned by hedge funds and other institutional investors.

About Liberty Broadband Corp Series A

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.

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Analyst Recommendations for Liberty Broadband Corp Series A (NASDAQ:LBRDA)

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