Liberty Interactive Corporation (LVNTA) : 1 brokerage houses believe that Liberty Interactive Corporation (LVNTA) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Liberty Interactive Corporation (LVNTA). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 2 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
Liberty Interactive Corporation (LVNTA) : The consensus price target for Liberty Interactive Corporation (LVNTA) is $42.5 for the short term with a standard deviation of $0.71. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $43, however, the pessimist price target for the company is $42.
Liberty Interactive Corporation (NASDAQ:LVNTA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.70 and $36.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.11, notching a gain of 0.65% for the day. The total traded volume was 377,749 . The stock had closed at $36.87 on the previous day.
Also, In a research note released to the investors, Citigroup upgrades its rating on Liberty Interactive Corporation (NASDAQ:LVNTA).The analysts at the brokerage house have a current rating of Buy on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. In a recent information released to the investors, Citigroup raises the new price target from $43 per share to $45 per share. The rating by the firm was issued on June 9, 2016. The company shares have dropped -4.51% from its 1 Year high price. On Dec 30, 2015, the shares registered one year high at $45.39 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $37.31 and the 200 Day Moving Average price is recorded at $38.33.
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and on-line commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc. (QVC), Backcountry.com, Inc. (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc. (Evite) and its equity affiliates Expedia, Inc. (Expedia), HSN, Inc. (HSN), FTD Companies, Inc. (FTD), Interval Leisure Group, Inc. (Interval Leisure Group) and LendingTree, Inc. (LendingTree). QVC markets and sells a variety of consumer products through live televised shopping and via its Websites and other media, including QVC.com. Backcountry is an e-retailer for outdoor adventure, cycling, action sports and motorcycle gear and clothing. Bodybuilding is an Internet retailer of sports, fitness, and nutritional supplements.