IAC/InterActiveCorp with ticker code (IAC) have now 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 340 and 261 with the average target price sitting at 300.32. Given that the stocks previous close was at 244.89 this now indicates there is a potential upside of 22.6%. There is a 50 day moving average of 247.31 and the 200 day moving average is 227.92. The company has a market cap of $21,457m. You can visit the company’s website by visiting: http://www.iac.com
IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally. The company’s Match Group segment provides subscription dating products under the Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs and Hinge, and other brands. Its ANGI Homeservices segment connects homeowners to home service professionals, collects reviews, and allows homeowners to research, match, and connect on-demand to network of service professionals online, through mobile apps, or by voice assistants under the HomeAdvisor, Angie’s List, and Handy brand names. The company’s Vimeo segment operates a video platform for professionals, marketers, and enterprises to connect with audiences, customers, and employees; provides cloud-based software products to stream, host, distribute, and monetize videos online and across devices, as well as video tools on a subscription basis; and sells live streaming accessories. Its Dotdash segment offers a portfolio of digital brands providing information and inspiration in various vertical content categories. The company’s Applications segment owns and operates a portfolio of desktop browser applications that provide users with access to various online content, tools, and services; develops, distributes, and offers a suite of Slimware desktop-support software and services. This segment also offers subscription-based mobile applications. Its Emerging & Other segment operates a collection of Websites, which offers general search services and information; on-demand staffing platform that connect workers for warehouse, delivery and moving, data entry, and customer service; operates news, commentary, culture, and entertainment Website; and offers digital content, as well as production and producer services for feature films. IAC/InterActiveCorp was founded in 1986 and is headquartered in New York, New York.