Match Group (MTCH) Receives a Buy from BTIG

In a report issued on July 29, Jake Fuller from BTIG maintained a Buy rating on Match Group (MTCHResearch Report), with a price target of $180.00. The company’s shares closed last Friday at $159.27.

According to TipRanks.com, Fuller is a 5-star analyst with an average return of 19.9% and a 63.2% success rate. Fuller covers the Services sector, focusing on stocks such as Booking Holdings, TripCom Group, and TripAdvisor.

Currently, the analyst consensus on Match Group is a Moderate Buy with an average price target of $172.00, which is a 6.5% upside from current levels. In a report issued on July 21, Truist Financial also maintained a Buy rating on the stock with a $190.00 price target.

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Match Group’s market cap is currently $44.04B and has a P/E ratio of 90.10. The company has a Price to Book ratio of -16.34.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MTCH in relation to earlier this year.

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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.