FBR Capital Believes LVNTA Still Has Room to Grow

By Carrie Williams

In a report issued on November 7, Barton Crockett from FBR Capital reiterated a Buy rating on Liberty Ventures (NASDAQ: LVNTA), with a price target of $45. The company’s shares closed yesterday at $39.44, close to its 52-week high of $41.37.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 4.2% and a 54.8% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Cinemark Holdings Inc, and Regal Entertainment.

Currently, the analyst consensus on Liberty Ventures is Strong Buy and the average price target is $51.50, representing a 30.6% upside.

In a report issued on November 7, Pivotal Research also assigned a Buy rating to the stock with a $58 price target.

The company has a one year high of $41.37 and a one year low of $29.46. Currently, Liberty Ventures has an average volume of 809K.

Liberty Interactive Corp. owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries. The company’s principal businesses and assets include its significant 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 wide variety of consumer products primarily through live televised shopping programs distributed to worldwide households. Backcountry operates as 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. It also hosts an online health-and-fitness publication, offering free fitness content, workout programs, video trainers, recipes and health advice. CommerceHub provides a Software-as-a-Service platform for online retailers and their suppliers (manufacturers, and distributors). The retailers use the company’s software to sell products to consumers without physically owning inventory, or managing the fulfillment of those products. Evite provides an online invitation and social event planning service on the web. HSN is an interactive multi-channel retailer with strong direct-to-consumer expertise among its two operating segments, HSN and Cornerstone Brands. HSN offers innovative, differentiated retail experiences on TV, online, mobile, in catalogs, and in bricks-and-mortar stores. Cornerstone Brands comprises home and apparel lifestyle brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Chasing Fireflies and Travelsmith. Expedia is an online travel company, empowering business and leisure travelers with the tools and information they need to efficiently research, plan, book and experience travel. FTD is a premier floral and gifting company that provides floral, gift and related products and services to consumers, retail florists, and other retail locations and companies in need of floral and gifting solutions. Interval Leisure Group is a global provider of membership and leisure services to the vacation industry. LendingTree is the owner of several brands and businesses that provide information, tools, advice, products and services for critical transactions in their customers’ lives. Liberty Interactive was founded on September 23, 2011 and is headquartered in Englewood, Co.