Zacks: Brokerages Set $18.25 Price Target for Spark Networks, Inc. (LOV)

Spark Networks, Inc. (NASDAQ:LOV) has earned an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.

Brokers have set a twelve-month consensus price target of $18.25 for the company, according to Zacks. Zacks has also given Spark Networks an industry rank of 187 out of 256 based on the ratings given to its competitors.

Separately, B. Riley restated a “buy” rating on shares of Spark Networks in a research report on Monday, March 25th.

Spark Networks stock traded down $0.41 on Friday, reaching $13.44. The company’s stock had a trading volume of 6,936 shares, compared to its average volume of 25,722. Spark Networks has a twelve month low of $7.87 and a twelve month high of $17.64.

About Spark Networks

Spark Networks SE operates online dating sites and mobile applications. It focuses on catering professionals and highly educated singles with serious relationship intentions in North America and other international markets. The company operates its dating platforms under the EliteSingles, SilverSingles, JDate, Christian Mingle, eDarling, JSwipe, and Attractive World brands.

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