After Nomura and Deutsche Bank gave Match Group Inc (NASDAQ: MTCH) a Buy rating last month, the company received another Buy, this time from Aegis Capital. Analyst Victor Anthony maintained a Buy rating on Match Group Inc yesterday and set a price target of $62. The company’s shares closed yesterday at $42.71.
According to TipRanks.com, Anthony is a top 100 analyst with an average return of 16.5% and a 65.7% success rate. Anthony covers the Services sector, focusing on stocks such as Qurate Retail Group Inc, comScore, and Cimpress.
Currently, the analyst consensus on Match Group Inc is a Moderate Buy with an average price target of $59.83, a 40.1% upside from current levels. In a report issued on November 5, Deutsche Bank also maintained a Buy rating on the stock with a $61 price target.
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Match Group Inc’s market cap is currently $12.16B and has a P/E ratio of 35.92. The company has a Price to Book ratio of 18.63.
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.
