SunTrust Robinson analyst Youssef Squali maintained a Buy rating on IAC/InterActiveCorp (IAC) today and set a price target of $265.00. The company’s shares closed last Monday at $227.22.
According to TipRanks.com, Squali is a top 100 analyst with an average return of 24.1% and a 69.4% success rate. Squali covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, Uber Technologies Inc, and Match Group Inc.
Currently, the analyst consensus on IAC/InterActiveCorp is a Strong Buy with an average price target of $301.85.
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IAC/InterActiveCorp’s market cap is currently $18.97B and has a P/E ratio of 39.95. The company has a Price to Book ratio of 6.35.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is neutral on the stock.
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IAC/InterActiveCorp. engages in the provision of media and Internet services. It operates through the following business segments: Match Group, ANGI Homeservices, Vimeo, Dotdash, Applications and Emerging & Other. The Match Group segment provides dating products, operating a portfolio of several brands, including Match, Tinder, PlentyOfFish, and OkCupid.
