SunTrust Robinson analyst Youssef Squali maintained a Hold rating on Lendingtree Inc (TREE) today and set a price target of $260. The company’s shares opened today at $300.22.
Squali observed:
“We will review our model and valuation following the conference call.”
According to TipRanks.com, Squali is a top 100 analyst with an average return of 21.8% and a 67.8% success rate. Squali covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, IAC/InterActiveCorp, and Match Group Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lendingtree Inc with a $283.83 average price target.
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Lendingtree Inc’s market cap is currently $4.15B and has a P/E ratio of 50.48. The company has a Price to Book ratio of 11.04.
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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.
