Aegis Reiterates Buy Rating for Liberty Interactive (QVCA)
Aegis reiterated their buy rating on shares of Liberty Interactive (NASDAQ:QVCA) in a research report released on Tuesday morning, MarketBeat Ratings reports. They currently have a $38.00 price target on the stock, up from their prior price target of $35.00.
Several other brokerages have also recently issued reports on QVCA. BidaskClub raised shares of Liberty Interactive from a buy rating to a strong-buy rating in a research note on Saturday, February 24th. KeyCorp boosted their price objective on shares of Liberty Interactive from $28.00 to $31.00 and gave the company an overweight rating in a research note on Friday, January 26th. Zacks Investment Research raised shares of Liberty Interactive from a strong sell rating to a hold rating in a research note on Tuesday, January 9th. FBN Securities raised shares of Liberty Interactive from a sector perform rating to a buy rating in a research note on Wednesday, January 3rd. Finally, DA Davidson reissued a buy rating and set a $37.00 price objective on shares of Liberty Interactive in a research note on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Liberty Interactive currently has an average rating of Buy and an average target price of $31.00.
Shares of Liberty Interactive (NASDAQ QVCA) opened at $26.69 on Tuesday. Liberty Interactive has a 12 month low of $18.64 and a 12 month high of $29.11. The stock has a market cap of $12,375.77, a price-to-earnings ratio of 24.26, a PEG ratio of 1.37 and a beta of 1.30. The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 0.93.
Large investors have recently bought and sold shares of the stock. Highstreet Asset Management Inc. acquired a new position in shares of Liberty Interactive during the 3rd quarter valued at $120,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Liberty Interactive during the 4th quarter valued at $159,000. Icon Wealth Partners LLC acquired a new position in shares of Liberty Interactive during the 4th quarter valued at $191,000. Itau Unibanco Holding S.A. lifted its holdings in shares of Liberty Interactive by 846.5% during the 4th quarter. Itau Unibanco Holding S.A. now owns 8,490 shares of the company’s stock valued at $207,000 after acquiring an additional 7,593 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in shares of Liberty Interactive during the 4th quarter valued at $247,000. Institutional investors and hedge funds own 85.59% 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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