KeyBanc analyst Justin Patterson maintained a Buy rating on Match Group (MTCH – Research Report) today. The company’s shares closed yesterday at $38.38.
Patterson covers the Communication Services sector, focusing on stocks such as Match Group, Netflix, and Spotify Technology SA. According to TipRanks, Patterson has an average return of 8.5% and a 50.77% success rate on recommended stocks.
Match Group has an analyst consensus of Moderate Buy, with a price target consensus of $41.07, implying a 7.01% upside from current levels. In a report released today, TD Cowen also maintained a Buy rating on the stock with a $46.00 price target.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $53.26 and a one-year low of $27.85. Currently, Match Group has an average volume of 6.89M.
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 Reports Fourth Quarter 2023 Results
- Match Group: Board authorizes new $1B share repurchase program
- Match Group to roll out many AI-driven features in apps over course of 2024
- Match Group sees Q1 revenue $850M-$860M, consensus $871.96M
- Match Group sees FY24 revenue $3.57B-$3.67B, consensus $3.62B
