EVINE Live (EVLV) Receives Analyst Rating

EVINE Live (EVLV) : Zacks Investment Research ranks EVINE Live (EVLV) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 1.5, which indicates as a Strong Buy.

EVINE Live (EVLV) : The consensus price target for EVINE Live (EVLV) is $2.5 for the short term with a standard deviation of $0.71. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $3, however, the pessimist price target for the company is $2.


Also, Maxim Group initiates coverage on EVINE Live (NASDAQ:EVLV). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Maxim Group announces a current price target of $2.5 per share. The rating by the firm was issued on June 9, 2016.

EVINE Live (NASDAQ:EVLV): After opening at $2, the stock dipped to an intraday low of $1.97 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $2.21 and the buying power remained strong till the end. The stock closed at $2.1 for the day, a gain of 8.81% for the day session. The total traded volume was 634,742. The stocks close on the previous trading day was $1.93.

EVINE Live Inc., formerly ValueVision Media, Inc. is a digital commerce company. The Company markets, sells and distributes products to consumers through television (TV), online, mobile and social media. The Company operates an around the clock television shopping network, EVINE Live, which is distributed primarily on cable and satellite systems, through which the Company offers brand name and private label products in the categories of jewelry and watches, home and consumer electronics, beauty, health and fitness, and fashion and accessories. It also operates evine.com, a digital commerce platform that sells products which appear on its television shopping network as well as an extended assortment of online-only merchandise. Its programming and products are also marketed through mobile devices, including smartphones and tablets, and through the social media channels.

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