Axiom Reiterates a Buy Rating on Match Group Inc

By Austin Angelo

In a report released today, Victor Anthony from Axiom reiterated a Buy rating on Match Group Inc (NASDAQ: MTCH), with a price target of $20. The company’s shares closed yesterday at $15.70.

According to TipRanks.com, Anthony is a top 100 analyst with an average return of 12.0% and a 62.0% success rate. Anthony covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Bankrate Inc., and Alibaba Group.

Currently, the analyst consensus on Match Group Inc is Strong Buy and the average price target is $20, representing a 27.4% upside.

In a report issued on November 1, Oppenheimer also reiterated a Buy rating on the stock.

The company has a one year high of $19.74 and a one year low of $8.41. Currently, Match Group Inc has an average volume of 1.2M.

Match Group provides dating products. It operates its business through the following segments: Match, Meetic, OurTime and OkCupid. The company was founded on February 12, 2009 and is headquartered in Dallas, TX.