B.Riley FBR Sticks to Their Hold Rating for AutoWeb Inc (AUTO)


B.Riley FBR analyst Sameet Sinha maintained a Hold rating on AutoWeb Inc (AUTO) today and set a price target of $3.20. The company’s shares closed yesterday at $2.16, close to its 52-week low of $2.

According to TipRanks.com, Sinha is a 4-star analyst with an average return of 3.3% and a 47.4% success rate. Sinha covers the Technology sector, focusing on stocks such as Digital Turbine Inc, Limelight Networks, and Brightcove Inc.

AutoWeb Inc has an analyst consensus of Hold, with a price target consensus of $3.20, a 48.1% upside from current levels. In a report issued on November 5, Barrington also maintained a Hold rating on the stock.

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The company has a one-year high of $9.91 and a one-year low of $2. Currently, AutoWeb Inc has an average volume of 38.86K.

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AutoWeb, Inc. engages in digital marketing solutions. It specializes in assisting automotive retail dealers and automotive manufacturers market and sell new and used vehicles to consumers by utilizing digital sales enhancing products and services.

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