A statement released earlier today by Vetr Inc. about Lendingtree Inc (NASDAQ:TREE) bumps the target price to $118.86
- Updated: September 16, 2016
Having a price of $102.33, Lendingtree Inc (NASDAQ:TREE) traded 0.68% lower on the day. The last stock price close is up 4.13% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same period. Lendingtree Inc has recorded a 50-day average of $102.59 and two hundred day average of $91.84. Volume of trade was was up over the average, with 683,896 shares of TREE changing hands over the typical 478,814 shares.
Indicating a possible upside of 0.16%, Vetr Inc. bumped the target price of Lendingtree Inc (NASDAQ:TREE) to $119
On 8/04/2015, BWS Financial reported about Lendingtree Inc(NASDAQ:TREE) raised the target price from $75.00 to $130.00. At the time, this suggested an upside of 0.00%.
Recent Performance Graph:
A total of 10 brokerages have issued a research note on the stock. Three analysts rate the company a strong buy, seven analysts rate the stock a buy, 0 analysts rate the stock a hold, 0 rate the stock to underperform, and lastly 0 firmsrate the stock as sell with a 12-month target of $123.50
Lendingtree Inc has a one-year low of $52.11 and a 52 week high of $131.83 with a PE ratio of 24. Lendingtree Inc’s market cap is currently $0.0.
General Company Details For Lendingtree Inc (NASDAQ:TREE)
LendingTree, Inc. (LendingTree), formerly Tree.com, Inc., is engaged in operating an online loan marketplace for consumers. The Company offers a range of loan types and other credit-based offerings for its consumers. The Company operates through Lending activities segment. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans and small business loans, and other related offerings. It offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit-based offerings. It offers its products in categories, and including mortgage products and non-mortgage products. Its mortgage products category includes its purchase and refinance products. The Company’s non-mortgage products include lending products and other products.
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