Liberty Interactive Corporation (QVCA) : Analyst Rating Update

Liberty Interactive Corporation (QVCA) : 6 analysts are covering Liberty Interactive Corporation (QVCA) and their average rating on the stock is 1, which is read as a Strong Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels.

Liberty Interactive Corporation (QVCA) : Average target price received by Liberty Interactive Corporation (QVCA) is $34.63 with an expected standard deviation of $2.56. The most aggressive target on the stock is $38, whereas the most downbeat target is $31. 8 financial analysts are currently covering the stock.

Liberty Interactive Corporation (NASDAQ:QVCA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.99 and $24.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.32, notching a gain of 0.92% for the day. The total traded volume was 1,452,807 . The stock had closed at $25.09 on the previous day.

Also, Maxim Group initiates coverage on Liberty Interactive Corporation (NASDAQ:QVCA). Maxim Group has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $37 per share. The rating by the firm was issued on June 9, 2016. The company shares have dropped -8.16% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $31.62 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $25.63 and the 200 Day Moving Average price is recorded at $25.59.

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),, Inc. (Backcountry),, 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 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.

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