Analyst Rating Update on Liberty Interactive Corporation (QVCA)

Liberty Interactive Corporation (NASDAQ:QVCA) : The consensus on Liberty Interactive Corporation (NASDAQ:QVCA) based on 6 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

Liberty Interactive Corporation (NASDAQ:QVCA) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $38 and the lowest price target forecast is $31. The average forecast of all the analysts is $34.63 and the expected standard deviation is $2.56.

For the current week, the company shares have a recommendation consensus of Buy. Also, Maxim Group initiates coverage on Liberty Interactive Corporation (NASDAQ:QVCA). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Maxim Group announces a current price target of $37 per share. The rating by the firm was issued on June 9, 2016.

Liberty Interactive Corporation (NASDAQ:QVCA): stock turned positive on Tuesday. Though the stock opened at $23.95, the bulls momentum made the stock top out at $24.36 level for the day. The stock recorded a low of $23.8412 and closed the trading day at $24.28, in the green by 1.97%. The total traded volume for the day was 2,735,625. The stock had closed at $23.81 in the previous days trading.

In an insider trading activity, The director, of Liberty Interactive Corp, George Michael A had unloaded 150,000 shares at $27.02 per share in a transaction on June 2, 2016. The total value of transaction was $4,053,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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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