Liberty Interactive (Interactive group) Price Target Lowered to $34.00 at UBS AG (LINTA)
Investment analysts at UBS AG reduced their price objective on shares of Liberty Interactive (Interactive group) (NASDAQ:LINTA) from $35.00 to $34.00 in a note issued to investors on Friday, Stock Ratings News reports. The firm currently has a “buy” rating on the stock. UBS AG’s price objective points to a potential upside of 21.00% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Liberty Interactive (Interactive group) in a research note on Tuesday, March 25th. They now have a $30.00 price target on the stock. Separately, analysts at Craig Hallum initiated coverage on shares of Liberty Interactive (Interactive group) in a research note on Monday, March 10th. They set a “buy” rating and a $40.00 price target on the stock. Finally, analysts at National Alliance Securities reiterated a “buy” rating on shares of Liberty Interactive (Interactive group) in a research note on Monday, March 3rd. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $32.86.
Liberty Interactive (NASDAQ:LINTA) opened at 28.10 on Friday. Liberty Interactive has a 52-week low of $21.73 and a 52-week high of $30.68. The stock has a 50-day moving average of $29.0 and a 200-day moving average of $28.34. The company has a market cap of $13.993 billion and a price-to-earnings ratio of 29.97.
Liberty Interactive (Interactive group) (NASDAQ:LINTA) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.24 by $0.02. The company had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.52 billion. Analysts expect that Liberty Interactive will post $1.32 EPS for the current fiscal year.
Liberty Interactive Corporation owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries.
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