The 24-year-old only joined the Champions League outfit during the summer, but his six goals in seven domestic games have alerted the Reds who are keen to strengthen their attacking options.
Reports from within the Portuguese media suggest that scouts from the Merseyside club have been watching the versatile attacker and are impressed with what they have witnessed.
It’s clear that Brendan Rodgers is in need of attacking reinforcements with Luis Suarez the only fit, established striker available for selection.
The Anfield club allowed Andy Carroll to leave on loan during the summer and have lost Fabio Borini to a foot injury leaving their front-line resources stretched.
It’s believed that the Guinea-Bissau-born Portugal international has a buyout clause of £24m written into his contract and Braga will demand a figure close to this should Liverpool step up their pursuit.
Arsenal are also thought to be interested, with Arsene Wenger preparing to lose Gervinho to the African Cup of Nations.
Moroccan misfit Marouane Chamakh is also set to depart the club, which would leave the French manager relying heavily on Olivier Giroud.