On Wednesday Cantor Fitzgerald indicated its broker consensus on shares of GoDaddy Inc (NYSE:GDDY) giving the company a ‘Buy’ rating.
Cantor Fitzgerald gave shares of GoDaddy Inc a price target of 42 indicating a potential increase of 17.35% from GoDaddy Inc’s current price of 35.79.
In the prior 12 months GoDaddy Inc’s stock price has increased by 30.62% from 27.4 to 35.79.
GoDaddy Inc has 82,449,000 shares in issue which have a share price of 35.79 giving GoDaddy Inc a market capitalisation of 2.95B USD .
The 52 week high of GoDaddy Inc’s shares is 36.36 whilst the 52 week low for the company’s shares is 23.88. The 50 day moving average of NYSE:GDDY is 34.02 and the 200 day moving average is 31.92.
GoDaddy Inc. is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence. It provides applications that enable connecting to customers and managing businesses. The Company provides search, discovery and recommendation tools, as well as a selection of domain name for ventures. It provides productivity tools, such as domain-specific e-mail, online storage, invoicing, bookkeeping and payment solutions to run ventures, as well as marketing products. The Company’s products, including GoCentral enable to build a Website or online store for both desktop and mobile. Its products are powered by a cloud platform and enable its customers to get found online.