Match Group (NASDAQ:MTCH) Receives a Downgrade
In analysts note revealed to investors on Tuesday morning, BidaskScore has just lowered their rating for Match Group (NASDAQ:MTCH) shares to a Sell.
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 29.56% above currents $67.04 stock price. Match Group had 11 analyst reports since May 9, 2019 according to SRatingsIntel. SunTrust upgraded the stock to “Buy” rating in Thursday, September 5 report. The firm earned “Neutral” rating on Thursday, August 8 by Nomura. On Monday, October 7 the stock rating was upgraded by Nomura to “Buy”. The firm has “Neutral” rating by UBS given on Thursday, August 8. Deutsche Bank upgraded it to “Buy” rating and $9100 target in Monday, October 7 report. The rating was maintained by BMO Capital Markets with “Market Perform” on Thursday, August 8.
The stock decreased 2.52% or $1.73 during the last trading session, reaching $67.04. About 10.37 million shares traded or 314.55% 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.
Match Group, Inc. provides dating products. The company has market cap of $19.32 billion. The firm operates in two divisions, Dating and Non-dating. It has a 38.31 P/E ratio. It operates a portfolio of approximately 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24.
More notable recent Match Group, Inc. (NASDAQ:MTCH) news were published by: Nasdaq.com which released: “Match Group is Now Oversold (MTCH) – Nasdaq” on November 06, 2019, also Nasdaq.com with their article: “KAR Auction Services Drops 15% Wednesday Morning as Challenges Remain – Nasdaq” published on November 06, 2019, Nasdaq.com published: “JD.com, Inc. (JD) Hits 52-Week High, Can the Run Continue? – Nasdaq” on November 05, 2019. More interesting news about Match Group, Inc. (NASDAQ:MTCH) were released by: Seekingalpha.com and their article: “Match Group (MTCH) CEO, Mandy Ginsburg on Q3 2019 Results – Earnings Call Transcript – Seeking Alpha” published on November 06, 2019 as well as Nasdaq.com‘s news article titled: “DXC Technology (DXC) to Report Q2 Earnings: What’s in Store? – Nasdaq” with publication date: November 06, 2019.
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