Liberty Interactive Corporation (LVNTA) : Zacks Investment Research ranks Liberty Interactive Corporation (LVNTA) as 3, which is a Hold recommendation. 1 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 2 research analysts is 2, which indicates as a Buy.
Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Liberty Interactive Corporation (NASDAQ:LVNTA). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $40.77 per share to $44 per share. The rating by the firm was issued on July 28, 2016.
Liberty Interactive Corporation (NASDAQ:LVNTA): After opening at $39.72, the stock dipped to an intraday low of $39.66 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $40.02 and the buying power remained strong till the end. The stock closed at $39.95 for the day, a gain of 0.13% for the day session. The total traded volume was 598,095. The stocks close on the previous trading day was $39.9.
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.