Liberty Interactive (Interactive group) Rating Reiterated by FBR Capital Markets (LINTA)
Liberty Interactive (Interactive group) (NASDAQ:LINTA)‘s stock had its “outperform” rating reaffirmed by investment analysts at FBR Capital Markets in a note issued to investors on Wednesday. They currently have a $34.00 price target on the stock, up from their previous price target of $33.00. FBR Capital Markets’ price target indicates a potential upside of 14.67% from the stock’s previous close.
Liberty Interactive (NASDAQ:LINTA) traded up 0.17% during mid-day trading on Wednesday, hitting $29.70. 269,079 shares of the company’s stock traded hands. Liberty Interactive has a one year low of $22.76 and a one year high of $30.68. The stock’s 50-day moving average is $28.63 and its 200-day moving average is $28.95. The company has a market cap of $14.302 billion and a price-to-earnings ratio of 29.44.
Liberty Interactive (Interactive group) (NASDAQ:LINTA) last announced its earnings results on Tuesday, August 5th. The company reported $0.21 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.06. The company had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.50 billion. Analysts expect that Liberty Interactive will post $1.11 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Liberty Interactive (Interactive group) in a research note on Monday, August 18th. They now have a $34.00 price target on the stock, up previously from $32.50. Analysts at Wunderlich raised their price target on shares of Liberty Interactive (Interactive group) from $36.00 to $40.00 in a research note on Thursday, June 12th. They now have a “buy” rating on the stock. Nine investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of $34.67.
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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