AutoWeb (AUTO) Gets a Hold Rating from Barrington


Barrington analyst Gary Prestopino maintained a Hold rating on AutoWeb (AUTO) today. The company’s shares closed last Friday at $3.09.

According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 7.4% and a 46.4% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services, Points International, and Liquidity Services.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AutoWeb with a $5.00 average price target.

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The company has a one-year high of $5.97 and a one-year low of $0.50. Currently, AutoWeb has an average volume of 828.4K.

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AutoWeb, Inc. engages in digital marketing solutions. The company engages 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. Its consumer-facing automotive websites provide consumers with information and tools to aid them with their automotive purchase decisions and gives in-market consumers the ability to connect with Dealers regarding purchasing or leasing vehicles. The company offers the WebLeads+ and Payment Pro and other Leads program for sale transactions. AutoWeb was founded by John C. Bedrosian and Peter R. Ellis in January 1995 and is headquartered in Tampa, FL.

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