The stock of Match Group, Inc. (NASDAQ:MTCH) is a huge mover today! The stock increased 4.91% or $3.29 during the last trading session, reaching $70.33. About 2.62 million shares traded or 0.29% up from the average. Match Group, Inc. (NASDAQ:MTCH) has risen 124.54% since November 7, 2018 and is uptrending. It has outperformed by 124.54% the S&P500.
The move comes after 5 months positive chart setup for the $20.28 billion company. It was reported on Nov, 7 by Barchart.com. We have $76.66 PT which if reached, will make NASDAQ:MTCH worth $1.82 billion more.
Match Group, Inc. (NASDAQ:MTCH) Ratings Coverage
Among 6 analysts covering Match Group (NASDAQ:MTCH), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Match Group has $10600 highest and $4800 lowest target. $86.86’s average target is 23.50% above currents $70.33 stock price. Match Group had 12 analyst reports since May 9, 2019 according to SRatingsIntel. The stock of Match Group, Inc. (NASDAQ:MTCH) has “Neutral” rating given on Thursday, August 8 by UBS. Nomura upgraded the stock to “Buy” rating in Monday, October 7 report. The firm has “Neutral” rating by Nomura given on Thursday, August 8. The stock of Match Group, Inc. (NASDAQ:MTCH) has “Market Perform” rating given on Thursday, August 8 by BMO Capital Markets. SunTrust upgraded it to “Buy” rating and $10600 target in Thursday, September 5 report. Deutsche Bank upgraded the stock to “Buy” rating in Monday, October 7 report.
More notable recent Match Group, Inc. (NASDAQ:MTCH) news were published by: Nasdaq.com which released: “Match Group (MTCH) Q3 Earnings & Revenues Beat, Improve Y/Y – Nasdaq” on November 06, 2019, also Nasdaq.com with their article: “Stock Market News for Nov 6, 2019 – Nasdaq” published on November 06, 2019, Globenewswire.com published: “Bragar Eagel & Squire, PC Reminds Investors That Class Action Lawsuits Have Been Filed Against Overstock.com, Waitr Holdings, Covetrus, and Match Group and Encourages Investors to Contact the Firm – GlobeNewswire” on November 06, 2019. More interesting news about Match Group, Inc. (NASDAQ:MTCH) were released by: Nasdaq.com and their article: “IAC proposes to dissolve ownership stake in Match – Nasdaq” published on October 11, 2019 as well as Nasdaq.com‘s news article titled: “When Does Market Timing Actually Work? – November 06, 2019 – Nasdaq” with publication date: November 06, 2019.
Match Group, Inc. provides dating products. The company has market cap of $20.28 billion. The firm operates in two divisions, Dating and Non-dating. It has a 40.21 P/E ratio. It operates a portfolio of approximately 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24.
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