Qurate Retail Stock Forecast & Predictions: 1Y Price Target $1.10 | Buy or Sell NASDAQ: QRTEA 2023 (2024)

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Now, let's delve into the details of the provided information regarding QRTEA (Qurate Retail Inc.) and its analyst price targets, stock ratings, and other relevant metrics.

Analyst Price Targets:

1. Min Forecast: $1.10 (+24.43%)
2. Avg Forecast: $1.10 (+24.43%)
3. Max Forecast: $1.10 (+24.43%)

These figures represent the 12-month price targets for QRTEA as predicted by a consensus of analysts. The uniformity in the forecasts suggests a high degree of agreement among analysts regarding the expected future value of QRTEA stock.

Stock Ratings:

• Hold: 100%
• Strong Buy: 0%
• Buy: 0%
• Sell: 0%
• Strong Sell: 0%

According to the available ratings from one analyst, there is a unanimous consensus to "Hold" QRTEA stock. This could be indicative of a cautious stance, suggesting neither a strong inclination to buy nor sell at the moment.

Analyst Actions and Price Targets:

• Analyst/Firm: [Locked]
• Rating: [Locked]
• Action: [Locked]
• Price Target: $0.00 (0.00% upside/downside)
• Date: 2023-07-24

Unfortunately, specific details about the analyst and their recommendations are locked. Access to premium services may be required to obtain more in-depth insights.

Forecast Return on Equity (ROE):

• Company: 47.52%
• Industry: 16.02%
• Market: -20.48%

QRTEA is forecasted to generate a substantial return on equity, outperforming both the industry and the market. This positive outlook on ROE could be an encouraging sign for potential investors.

Forecast Return on Assets (ROA):

• Company: 2.45%
• Industry: 6.46%

While QRTEA's forecasted return on assets is lower compared to the industry average, it's essential to consider the broader context and industry benchmarks.

QRTEA vs. Internet Retail Stocks:

• QRTEA: $0.88 (Current Price), $1.10 (Price Target, +24.43% Upside)
• JMIA: $3.88 (Current Price), N/A (Price Target)
• EGG: $1.14 (Current Price), N/A (Price Target)
• DUP: $2.38 (Current Price), $4.00 (Price Target, +68.07% Upside)
• PRTS: $3.40 (Current Price), $4.00 (Price Target, +17.65% Upside)

Comparing QRTEA with other internet retail stocks, it appears to have a modest upside potential in line with industry peers.

In conclusion, the provided information suggests a consensus "Hold" recommendation for QRTEA, with positive forecasts for return on equity. However, detailed analyst actions and additional premium insights are necessary for a more comprehensive analysis and informed decision-making. Always consider multiple sources of information and conduct thorough research before making investment decisions.