Match Group Inc (MTCH) Received its Third Buy in a Row | #blackpeoplemeet


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After Deutsche Bank and Nomura gave Match Group Inc (NASDAQ: MTCH) a Buy rating last month, the company received another Buy, this time from SunTrust Robinson. Analyst Youssef Squali maintained a Buy rating on Match Group Inc today and set a price target of $106.00. The company’s shares closed last Monday at $73.00.

According to TipRanks.com, Squali is a top 100 analyst with an average return of 25.6% and a 71.4% success rate. Squali covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, Uber Technologies Inc, and IAC/InterActiveCorp.

Currently, the analyst consensus on Match Group Inc is a Moderate Buy with an average price target of $95.36.

See today’s analyst top recommended stocks >>

Based on Match Group Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $128 million. In comparison, last year the company had a net profit of $131 million.

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Match Group, Inc. engages in providing dating products. Its brands include: Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24. It operates through the following segments: Dating and Non-Dating. The Dating segment provides dating products.


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