Benchmark Co. Boosts Price Target on Liquidity Services (LQDT)
Analysts at Benchmark Co. upped their price target on shares of Liquidity Services (NASDAQ: LQDT) from $57.00 to $62.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock.
LQDT has been the subject of a number of other recent research reports. Analysts at Stifel Nicolaus raised their price target on shares of Liquidity Services to $59.00 in a research note to investors on Tuesday, April 10th. Separately, analysts at Oppenheimer (NYSE: OPY) raised their price target on shares of Liquidity Services from $43.00 to $57.00 in a research note to investors on Monday, April 9th. They now have an “outperform” rating on the stock. Finally, analysts at Robert W. Baird reiterated an “outperform” rating on shares of Liquidity Services in a research note to investors on Tuesday, March 13rd.
Liquidity Services opened at 54.93 on Wednesday. Liquidity Services has a 52-week low of $18.41 and a 52-week high of $56.41. The company has a market cap of $1.683 billion and a price-to-earnings ratio of 103.06.
Liquidity Services, Inc. is an auction marketplace for surplus and salvage assets. The Company enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories.