Liberty Broadband Corp (NASDAQ: LBRDK) stock enjoyed a major increase of 15.0% on 7/26/24. The shares closed at $64.77. Moreover, unusually high trading volume at 199% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 13.3% 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 C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Liberty BroaDBAnd has a very high Appreciation Score of 91 but a very low Power Rating of 12, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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