Bank of America (NYSE:BAC) Securities analyst Nat Schindler maintained a Buy rating on Match Group (NASDAQ:MTCH) on Monday, setting a price target of $178, which is approximately 18.05% above the present share price of $150.78.
Schindler expects Match Group to post earnings per share (EPS) of $0.52 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Match Group, with an average price target of $173.14.
The analysts price targets range from a high of $190 to a low of $148.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $707.76 million and a net profit of $209.91 million. The company's market cap is $42.57 billion.
According to TipRanks.com, Bank of America Securities analyst Nat Schindler is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.4% and a 59.63% success rate.
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.