Oppenheimer analyst Jed Kelly maintained a Buy rating on Lendingtree Inc (NASDAQ: TREE) today. The company’s shares closed yesterday at $241.10.
According to TipRanks.com, Kelly is a 4-star analyst with an average return of 7.7% and a 59.8% success rate. Kelly covers the Services sector, focusing on stocks such as Booking Holdings Inc, Yatra Online Inc, and TripAdvisor Inc.
Currently, the analyst consensus on Lendingtree Inc is a Moderate Buy with an average price target of $284.57, which is a 18.0% upside from current levels. In a report issued on July 26, RBC Capital also reiterated a Buy rating on the stock with a $325 price target.
.
See today’s analyst top recommended stocks >>
Lendingtree Inc’s market cap is currently $3.07B and has a P/E ratio of 46.82. The company has a Price to Book ratio of 8.86.
Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is neutral on the stock. Last month, Douglas Lebda, the Chairman & CEO of TREE bought 132,600 shares for a total of $1,124,448.
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.
LendingTree, Inc. engages in the operation of online loan marketplace for consumers seeking loans and other credit-based offerings. It provides mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans, and small business loans.
