Analysts’ Opinions Are Mixed on These Communication Services Stocks: Match Group (MTCH) and Singtel (OtherSNGNF)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Match Group (MTCH – Research Report) and Singtel (SNGNF – Research Report).
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Match Group (MTCH)
In a report released yesterday, Robert Coolbrith from Evercore ISI maintained a Hold rating on Match Group, with a price target of $35.00. The company’s shares closed last Wednesday at $30.61.
According to TipRanks.com, Coolbrith is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Match Group with a $36.33 average price target, which is a 9.5% upside from current levels. In a report issued on February 3, TipRanks – PerPlexity also downgraded the stock to Hold with a $33.00 price target.
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Singtel (SNGNF)
CGS International analyst Lim Siew Khee reiterated a Buy rating on Singtel yesterday and set a price target of S$5.34. The company’s shares closed last Wednesday at $3.90.
According to TipRanks.com, Khee is ranked #2568 out of 12040 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Singtel with a $4.17 average price target, representing a 6.9% upside. In a report released yesterday, DBS also maintained a Buy rating on the stock with a S$5.71 price target.
