Barrington Remains a Buy on AutoWeb (AUTO)
In a report released today, Gary Prestopino from Barrington maintained a Buy rating on AutoWeb (AUTO), with a price target of $10.00. The company’s shares closed last Friday at $2.60.
According to TipRanks.com, Prestopino is a 5-star analyst with an average return of 40.9% and a 60.1% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services, Points International, and Liquidity Services.
AutoWeb has an analyst consensus of Moderate Buy, with a price target consensus of $10.00.
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AutoWeb’s market cap is currently $35.01M and has a P/E ratio of -5.20. The company has a Price to Book ratio of 3.10.
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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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