Barclays analyst Deepak Mathivanan maintained a Hold rating on Webcom Group (NASDAQ: WEB) on May 4 and set a price target of $19. The company’s shares closed on Friday at $17.45, close to its 52-week low of $15.75.
According to TipRanks.com, Mathivanan is a 4-star analyst with an average return of 20.2% and a 72.0% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Mercadolibre, Wix.com Ltd, and Yelp Inc.
Webcom Group has an analyst consensus of Moderate Buy, with a price target consensus of $21.60.
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Webcom Group’s market cap is currently $789.9M and has a P/E ratio of 16.94. The company has a book value ratio of 2.7637.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WEB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Web.com Group, Inc. engages in the provision of Internet services and online marketing solutions for small to medium-sized businesses. The company solutions include domains, hosting, website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products, and eCommerce solutions.
