LendingTree (TREE) : 7 analysts are covering LendingTree (TREE) and their average rating on the stock is 1.29, which is read as a Strong Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. LendingTree (TREE) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels.
LendingTree (TREE) stock is expected to deviate a maximum of $15.64 from the average target price of $127.43 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $150 and the most muted being $115.
Also, Loop Capital initiates coverage on LendingTree (NASDAQ:TREE). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 5, 2016.
LendingTree (NASDAQ:TREE): The stock opened in the green at $96.56 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $97.939 and a low of $94.7 for the day. The stock did not find buyers even at the lows and closed at $96.28 recording a loss of -0.20%. 452,005 shares exchanged hands during the trading day. The stock had closed at $96.47 in the previous days trading.
LendingTree, Inc. (LendingTree), formerly Tree.com, Inc. is engaged in operating an online loan marketplace for consumers an array of loan types and other credit-based offerings. The Company offers consumers tools and resources, including free credit scores, which help them to comparison-shop for mortgage loans, home equity loans and lines of credit, reverse mortgages, personal loans, auto loans, student loans, credit cards, small business loans and other related offerings. And, upon submitting their relevant information to the Company through an inquiry form, it seeks to match in-market consumers with multiple lenders on its marketplace. The Company operates in four segments: lending, auto, education and home services. It provides information and tools, including free credit scores located on its various Websites. In addition, the Company provides consumers with access to offers from multiple lenders.