Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Match Group Inc. (NASDAQ: MTCH) and Leggett & Platt (NYSE: LEG)

By George MacDonald

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Match Group Inc. (NASDAQ: MTCH) and Leggett & Platt (NYSE: LEG).

Match Group Inc. (NASDAQ: MTCH)

In a report issued on July 28, Ross Seymore from Deutsche Bank reiterated a Buy rating on Match Group Inc (NASDAQ: MTCH), with a price target of $22. The company’s shares closed last Friday at $15.75.

According to TipRanks.com, Seymore is a top 25 analyst with an average return of 22.4% and a 75.9% success rate. Seymore covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Power Integrations, and Montage Technology.

Currently, the analyst consensus on Match Group Inc is Strong Buy and the average price target is $19, representing a 20.6% upside.

In a report issued on July 25, Axiom also reiterated a Buy rating on the stock with a $18 price target.
Leggett & Platt (NYSE: LEG)

In a report issued on July 29, Spencer Joyce from Hilliard Lyons downgraded Leggett & Platt Inc. (NYSE: LEG) to Sell, with a price target of $45. The company’s shares closed last Friday at $52.57, close to its 52-week high of $54.63.

According to TipRanks.com, Joyce is a 3-star analyst with an average return of 4.5% and a 52.6% success rate. Joyce covers the Utilities sector, focusing on stocks such as Piedmont Natural Gas Company, Chesapeake Utilities Corp., and Connecticut Water Service.

Leggett & Platt Inc. has an analyst consensus of Moderate Sell

.