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UBS Stick to Their Hold Rating for Qurate Retail Group Inc

Published 10/06/2020, 08:25 AM
QRTEA
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UBS analyst Eric Sheridan maintained a Hold rating on Qurate Retail Group (NASDAQ:QRTEA) Inc on Tuesday, setting a price target of $9, which is approximately 17.80% above the present share price of $7.64.

Sheridan expects Qurate Retail Group Inc to post earnings per share (EPS) of $0.53 for the fourth quarter of 2020.

The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Qurate Retail Group, with an average price target of $9.
The analysts price targets range from a high of $9 to a low of $9.

In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $3.42 billion and a net profit of $405 million. The company's market cap is $3.18 billion.

According to TipRanks.com, UBS analyst Eric Sheridan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.3% and a 72.64% success rate.

Qurate Retail, Inc. engages in the business of video and on-line commerce industries. It operates through the following segments: QxH; QVC International; and Corporate and Others. The QxH segment include distribution of live programming, 20 hours per day, 364 days per year, to television households. The QVC International segment focuses in Germany, Austria, Japan, the U.K., the Republic of Ireland, and Italy to distribute shopping experience via broadcast networks, websites, mobile applications, and social pages. The Corporate and Other segment comprises subsidiary Cornerstone, along with various cost and equity method investments. The company was founded on March 28, 1991 and is headquartered in Englewood, CO.

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