In a report released on May 10, Mark Kelley from Stifel Nicolaus maintained a Hold rating on Match Group (MTCH – Research Report), with a price target of $34.00. The company’s shares closed last Friday at $30.69.
According to TipRanks, Kelley is a top 100 analyst with an average return of 34.0% and a 73.37% success rate. Kelley covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Perion Network.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Match Group with a $39.18 average price target, implying a 27.66% upside from current levels. In a report released on May 9, Citi also maintained a Hold rating on the stock with a $34.00 price target.
The company has a one-year high of $49.24 and a one-year low of $27.66. Currently, Match Group has an average volume of 5.39M.
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 (MTCH) Company Description:
Texas-based Match Group is an online dating service company and provides dating products worldwide. The company has a vast portfolio of online dating services including Tinder, Match.com, OkCupid, PlentyOfFish, Meetic, among other brands.
Read More on MTCH:
- Match Group price target lowered to $33 from $43 at RBC Capital
- Match Group price target lowered to $30 from $35 at Loop Capital
- Match Group price target lowered to $38 from $42 at Deutsche Bank
- Match Group price target lowered to $36 from $45 at Evercore ISI
- Match Group price target lowered to $36 from $40 at UBS
