National Alliance Securities Increases Liberty Interactive (Ventures group) Price Target to $79.71 (LVNTA)
Research analysts at National Alliance Securities boosted their price target on shares of Liberty Interactive (Ventures group) (NASDAQ:LVNTA) from $69.07 to $79.71 in a report released on Tuesday. National Alliance Securities’ price target suggests a potential upside of 12.24% from the stock’s previous close.
A number of other firms have also recently commented on LVNTA. Analysts at FBR Capital Markets raised their price target on shares of Liberty Interactive (Ventures group) from $73.00 to $82.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Buckingham Research initiated coverage on shares of Liberty Interactive (Ventures group) in a research note on Tuesday, July 1st. They set a “neutral” rating and a $77.00 price target on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of Liberty Interactive (Ventures group) in a research note on Monday, June 2nd. They set a “neutral” rating on the stock. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $43.50.
Liberty Interactive (NASDAQ:LVNTA) traded down 0.57% during mid-day trading on Tuesday, hitting $71.05. The stock had a trading volume of 297,170 shares. Liberty Interactive has a 52 week low of $40.685 and a 52 week high of $75.45. The stock has a 50-day moving average of $72.09 and a 200-day moving average of $66.11. The company has a market cap of $5.235 billion and a price-to-earnings ratio of 51.12.
Liberty Interactive (Ventures group) (NASDAQ:LVNTA) last issued its quarterly earnings data on Friday, May 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.43. On average, analysts predict that Liberty Interactive will post $2.33 earnings per share 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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