Shares of Qurate Retail Inc Series A (NASDAQ:QRTEA) have received a consensus recommendation of “Hold” from the nine research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $17.25.

Several research firms recently weighed in on QRTEA. UBS Group decreased their target price on shares of Qurate Retail Inc Series A from $17.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. BidaskClub raised shares of Qurate Retail Inc Series A from a “strong sell” rating to a “sell” rating in a research note on Friday. Zacks Investment Research raised shares of Qurate Retail Inc Series A from a “sell” rating to a “hold” rating in a research note on Thursday, January 23rd. Craig Hallum decreased their target price on shares of Qurate Retail Inc Series A from $24.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. Finally, Evercore ISI reissued a “hold” rating on shares of Qurate Retail Inc Series A in a research note on Wednesday, November 13th.

Shares of NASDAQ QRTEA traded up $0.07 during midday trading on Friday, reaching $9.29. The company’s stock had a trading volume of 3,812,960 shares, compared to its average volume of 4,808,592. The company has a current ratio of 1.14, a quick ratio of 0.64 and a debt-to-equity ratio of 1.33. Qurate Retail Inc Series A has a fifty-two week low of $7.64 and a fifty-two week high of $22.29. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of -11.19, a PEG ratio of 0.45 and a beta of 1.09. The stock has a 50 day simple moving average of $8.55 and a 200-day simple moving average of $9.92.

In other Qurate Retail Inc Series A news, insider Albert E. Rosenthaler sold 58,992 shares of Qurate Retail Inc Series A stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $8.32, for a total transaction of $490,813.44. Following the completion of the transaction, the insider now directly owns 152,118 shares of the company’s stock, valued at $1,265,621.76. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.01% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in QRTEA. Citizens Financial Group Inc RI boosted its position in shares of Qurate Retail Inc Series A by 150.9% in the third quarter. Citizens Financial Group Inc RI now owns 2,509 shares of the company’s stock valued at $26,000 after acquiring an additional 1,509 shares during the period. Advisory Services Network LLC raised its stake in Qurate Retail Inc Series A by 3,350.0% in the fourth quarter. Advisory Services Network LLC now owns 3,174 shares of the company’s stock valued at $27,000 after purchasing an additional 3,082 shares in the last quarter. Evoke Wealth LLC raised its stake in Qurate Retail Inc Series A by 61.6% in the fourth quarter. Evoke Wealth LLC now owns 3,694 shares of the company’s stock valued at $31,000 after purchasing an additional 1,408 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Qurate Retail Inc Series A in the fourth quarter valued at about $40,000. Finally, Rockefeller Capital Management L.P. raised its stake in Qurate Retail Inc Series A by 67.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,012 shares of the company’s stock valued at $42,000 after purchasing an additional 2,020 shares in the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

About Qurate Retail Inc Series A

Qurate Retail, Inc, through its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through live video programs, Websites, and mobile applications to 404 million households worldwide each day.

See Also: Compound Annual Growth Rate (CAGR)

Analyst Recommendations for Qurate Retail Inc Series A (NASDAQ:QRTEA)

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