In a report released today, Peter Stabler from Wells Fargo maintained a Hold rating on Match Group Inc (MTCH). The company’s shares closed yesterday at $42.72.
According to TipRanks.com, Stabler is a 5-star analyst with an average return of 28.5% and a 73.5% success rate. Stabler covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, IAC/InterActiveCorp, and Alphabet Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Match Group Inc with a $61.57 average price target, representing a 44.1% upside. In a report released yesterday, Oppenheimer also maintained a Hold rating on the stock.
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Match Group Inc’s market cap is currently $11.83B and has a P/E ratio of 24.65. The company has a Price to Book ratio of 21.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock.
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Match Group, Inc. engages in providing dating products. Its brands include: Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24. It operates through the following segments: Dating and Non-Dating. The Dating segment provides dating products.
