Match Group, Inc. (MTCH)’s Stock Is Buy After Today’s Huge Increase | #blackpeoplemeet


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The stock of Match Group, Inc. (NASDAQ:MTCH) is a huge mover today! The stock increased 4.08% or $2.82 during the last trading session, reaching $71.91. About 1.95 million shares traded. Match Group, Inc. (NASDAQ:MTCH) has risen 64.85% since December 14, 2018 and is uptrending. It has outperformed by 64.85% the S&P500.
The move comes after 6 months positive chart setup for the $20.13B company. It was reported on Dec, 14 by Barchart.com. We have $76.94 PT which if reached, will make NASDAQ:MTCH worth $1.41 billion more.

Analysts await Match Group, Inc. (NASDAQ:MTCH) to report earnings on February, 5. They expect $0.46 EPS, up 17.95 % or $0.07 from last year’s $0.39 per share. MTCH’s profit will be $128.79M for 39.08 P/E if the $0.46 EPS becomes a reality. After $0.51 actual EPS reported by Match Group, Inc. for the previous quarter, Wall Street now forecasts -9.80 % negative EPS growth.

Match Group, Inc. (NASDAQ:MTCH) Ratings Coverage

Among 8 analysts covering Match Group (NASDAQ:MTCH), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Match Group has $10600 highest and $7000 lowest target. $86.38’s average target is 20.12% above currents $71.91 stock price. Match Group had 15 analyst reports since July 26, 2019 according to SRatingsIntel. BMO Capital Markets maintained it with “Market Perform” rating and $8500 target in Thursday, August 8 report. Nomura maintained the stock with “Buy” rating in Thursday, November 7 report. As per Thursday, November 7, the company rating was maintained by Barclays Capital. As per Monday, October 7, the company rating was upgraded by Deutsche Bank. The rating was upgraded by Nomura on Monday, October 7 to “Buy”. The stock of Match Group, Inc. (NASDAQ:MTCH) has “Neutral” rating given on Thursday, August 8 by Nomura. SunTrust upgraded Match Group, Inc. (NASDAQ:MTCH) on Thursday, September 5 to “Buy” rating. The rating was upgraded by UBS on Thursday, November 7 to “Buy”. JP Morgan maintained the shares of MTCH in report on Friday, November 8 with “Neutral” rating. The firm has “Neutral” rating by UBS given on Thursday, August 8.

More notable recent Match Group, Inc. (NASDAQ:MTCH) news were published by: Nasdaq.com which released: “Bumble’s Change in Ownership Might Spell Trouble for Match Group – Nasdaq” on November 15, 2019, also Nasdaq.com with their article: “Better Buy: iQiyi vs. Match – Nasdaq” published on December 14, 2019, Finance.Yahoo.com published: “Hedge Funds Have Never Been This Bullish On Match Group (MTCH) – Yahoo Finance” on November 28, 2019. More interesting news about Match Group, Inc. (NASDAQ:MTCH) were released by: Nasdaq.com and their article: “Did Investors Swipe Left on Match Group’s Stock Too Soon? – Nasdaq” published on November 06, 2019 as well as Nasdaq.com‘s news article titled: “MTCH Makes Notable Cross Below Critical Moving Average – Nasdaq” with publication date: December 02, 2019.

Match Group, Inc. provides dating products. The company has market cap of $20.13 billion. The firm operates in two divisions, Dating and Non-dating. It has a 41.11 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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