Liberty Interactive (NASDAQ:QVCA)‘s stock had its “buy” rating restated by investment analysts at Aegis in a research note issued on Tuesday, MarketBeat Ratings reports. They currently have a $38.00 price target on the stock, up from their previous price target of $35.00. Aegis’ price objective points to a potential upside of 31.62% from the stock’s current price.
A number of other research analysts have also commented on QVCA. DA Davidson reaffirmed a “buy” rating and issued a $33.00 price objective on shares of Liberty Interactive in a report on Thursday, November 30th. UBS Group upped their price objective on Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a report on Friday, November 10th. B. Riley reaffirmed a “buy” rating on shares of Liberty Interactive in a report on Thursday, November 2nd. BidaskClub raised Liberty Interactive from a “hold” rating to a “buy” rating in a report on Wednesday, January 31st. Finally, FBN Securities raised Liberty Interactive from a “sector perform” rating to a “buy” rating in a report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $30.44.
Shares of Liberty Interactive (QVCA) opened at $28.87 on Tuesday. Liberty Interactive has a 12 month low of $18.50 and a 12 month high of $29.11. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $12,710.37, a price-to-earnings ratio of 16.17, a P/E/G ratio of 1.41 and a beta of 1.39.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Xact Kapitalforvaltning AB grew its holdings in shares of Liberty Interactive by 5.3% during the 4th quarter. Xact Kapitalforvaltning AB now owns 102,887 shares of the company’s stock worth $2,513,000 after purchasing an additional 5,186 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Liberty Interactive by 4.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 47,717 shares of the company’s stock worth $1,165,000 after purchasing an additional 2,049 shares in the last quarter. Glenmede Trust Co. NA grew its holdings in shares of Liberty Interactive by 8.7% during the 4th quarter. Glenmede Trust Co. NA now owns 1,053,416 shares of the company’s stock worth $25,722,000 after purchasing an additional 84,486 shares in the last quarter. Metropolitan Life Insurance Co. NY grew its holdings in shares of Liberty Interactive by 10.9% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 25,445 shares of the company’s stock worth $621,000 after purchasing an additional 2,507 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Liberty Interactive by 464.2% during the 4th quarter. Jane Street Group LLC now owns 155,556 shares of the company’s stock worth $3,799,000 after purchasing an additional 127,985 shares in the last quarter. 85.59% of the stock is currently owned by institutional investors.
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Liberty Interactive Company Profile
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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