Liberty Interactive (QVCA) Stock Rating Reaffirmed by DA Davidson
Liberty Interactive (NASDAQ:QVCA)‘s stock had its “buy” rating reaffirmed by investment analysts at DA Davidson in a note issued to investors on Thursday. They presently have a $33.00 price target on the stock. DA Davidson’s price objective would indicate a potential upside of 33.50% from the company’s previous close.
A number of other brokerages also recently issued reports on QVCA. ValuEngine upgraded Liberty Interactive from a “hold” rating to a “buy” rating in a research report on Monday, August 7th. Aegis raised their price objective on Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, November 17th. Citigroup downgraded Liberty Interactive from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $27.00 to $22.00 in a research report on Thursday, September 28th. UBS raised their price objective on Liberty Interactive from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Finally, Zacks Investment Research downgraded Liberty Interactive from a “hold” rating to a “sell” rating in a research report on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $29.50.
Liberty Interactive (NASDAQ QVCA) opened at $24.72 on Thursday. Liberty Interactive has a 1 year low of $17.24 and a 1 year high of $26.00. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.73 and a current ratio of 1.18. The stock has a market capitalization of $9,786.78, a PE ratio of 13.94, a PEG ratio of 1.56 and a beta of 1.32.
Hedge funds have recently modified their holdings of the business. Advisor Group Inc. grew its stake in Liberty Interactive by 24.8% in the second quarter. Advisor Group Inc. now owns 13,575 shares of the company’s stock valued at $332,000 after acquiring an additional 2,694 shares during the period. Prudential Financial Inc. grew its stake in Liberty Interactive by 43.0% in the third quarter. Prudential Financial Inc. now owns 3,076,473 shares of the company’s stock valued at $72,512,000 after acquiring an additional 924,640 shares during the period. Janus Henderson Group PLC grew its stake in Liberty Interactive by 36.8% in the second quarter. Janus Henderson Group PLC now owns 62,199 shares of the company’s stock valued at $1,526,000 after acquiring an additional 16,735 shares during the period. Stifel Financial Corp grew its stake in Liberty Interactive by 19.8% in the second quarter. Stifel Financial Corp now owns 156,014 shares of the company’s stock valued at $3,823,000 after acquiring an additional 25,805 shares during the period. Finally, Green Square Capital LLC acquired a new stake in Liberty Interactive in the second quarter valued at approximately $413,000. Institutional investors and hedge funds own 97.08% of the company’s stock.
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About Liberty Interactive
Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).
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