Web.com (NASDAQ:WEB) target price raised to $20.00, reported today by Cantor Fitzgerald
- Updated: October 19, 2016
Boasting a price of $16.05, Web.com (NASDAQ:WEB) traded 0.00% even on the day. With the last stock price close down -10.56% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Web.com has recorded a 50-day average of $17.41 and a two hundred day average of $17.94. Volume of trade was down over the average, with 285,200 shares of WEB changing hands under the typical 303,475
Web.com (NASDAQ:WEB) had its target price raised to $20.00 by Cantor Fitzgerald in a report released Wednesday October 19, 2016. The bumped up target suggests a potential upside of 0.25% from the company's most recent stock price close.
On 5/6/2016, RBC Capital Markets released a statement for Web.com (NASDAQ:WEB) bumped up the target price from $23.00 to $24.00 that suggested an upside of 0.29%.
With a total market value of $0, Web.com has price-earnings ratio of 9.97 with a one year low of $15.10 and a one year high of $25.00 .
A total of 12 equity analysts have released a ratings update on WEB. Two equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $25.83.
Brief Synopsis About Web.com (NASDAQ:WEB)
Web.com Group, Inc. provides a range of Internet services to small businesses. The Company operates through Web services and products segment. The Company offers subscription-based solutions including domains, hosting, Website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products and e-commerce solutions. The Company offers Domain Name Registration and Services, Do-It-For-Me Web Solutions, Do-It-Yourself Web Solutions and Online Marketing Services. The Company offers online advertising opportunities for companies focused on small businesses to be featured on its Websites. The Company offers directory listings, which is an online search directory that gives businesses online exposure. The Company also offers a range of domain name services, including domain name registration, transfers, renewals, expiration protection and privacy services.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.