Liberty Broadband Corp (NASDAQ: LBRDK) stock enjoyed a major increase of 25.9% on 9/24/24. The shares closed at $76.86. Moreover, exceptionally high trading volume at 815% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 24.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, LBRDK is expected to continue to be a modest Value Builder.
Liberty BroaDBAnd has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Liberty BroaDBAnd has a very high Appreciation Score of 93 but a neutral Power Rating of 43, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment