Zacks Investment Research downgraded Web.com Group Inc (NYSE:WEB) to Hold in a report released today.
- Updated: October 12, 2016
Having a price of $17.05, Web.com Group Inc (NYSE:WEB) traded 1.19% higher on the day. The last stock close price is down -5.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. WEB has recorded a 50-day moving average of $17.57 and a two hundred day average of $18.06. Trading volume was down over the average, with 135,103 shares of WEB changing hands under the typical 296,198
Zacks Investment Research has downgraded Web.com Group Inc (NYSE:WEB) to Hold in a statement released on 10/12/2016.
Previously on 10/06/2016, Zacks Investment Research reported on Web.com Group Inc (NYSE:WEB) raised the target price from $0.00 to $20.00 that suggested an upside of 0.16%.
Web.com Group Inc has one year low of $15.71 and a one year high of $25.00 with a P/E ratio of 10.56 and has a market cap of $0.
A total of 12 brokers have issued a report on WEB. 2 firms rating the stock a strong buy, seven analysts rating the company a buy, four equity analysts rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $25.83.
Brief Synopsis About Web.com Group Inc (NYSE: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.
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