Pivotal Research Sticks to Their Buy Rating for GCI Liberty Inc

Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on GCI Liberty (NASDAQ:GLIBA) Inc on Monday, setting a price target of $96, which is approximately 50.35% above the present share price of $63.85.

Wlodarczak expects GCI Liberty Inc to post earnings per share (EPS) of $6.70 for the second quarter of 2020.

The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in GCI Liberty, with an average price target of $81.75.

The analysts price targets range from a high of $89 to a low of $73.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $232.39 million and a net profit of -$3.38 million. The company's market cap is $6.76 billion.

According to TipRanks.com,Pivotal Research analyst Jeffrey Wlodarczakis a 5-star analyst with an average return of 7.6% and a 55.9% success rate.

GCI Liberty, Inc. engages in the operation of communications businesses. It operates through the GCI Holdings; and Corporate and Other segments. The GCI Holdings segment provides wireless, data, video, voice, and managed services to residential, businesses, governmental entities, and educational and medical institutions primarily in Alaska. The Corporate and Other segment consists of those assets or businesses which do not qualify as a separate reportable segment. The company was founded by Bridget L. Baker and Ronald A. Duncan in 1979 and is headquartered in Englewood, CO.