Match Group Inc Receives a Rating Update from a Top Analyst


In a report released today, Jason Helfstein from Oppenheimer maintained a Hold rating on Match Group Inc (NASDAQ: MTCH). The company’s shares closed yesterday at $36.32.

According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 18.3% and a 66.7% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, ANGI Homeservices Inc, and IAC/InterActiveCorp.

Currently, the analyst consensus on Match Group Inc is Moderate Buy and the average price target is $45.86, representing a 26.3% upside.

In a report issued on May 2, Jefferies also downgraded the stock to Hold with a $40 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $48.65 and a one-year low of $16.57. Currently, Match Group Inc has an average volume of 2.68M.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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