On Wednesday Cantor Fitzgerald indicated its broker consensus on shares of Web.com Group (NASDAQ:WEB) giving the company a ‘Hold’ rating.
Cantor Fitzgerald gave shares of Web.com Group a price target of 20 indicating a potential increase of 25.79% from Web.com Group’s current price of 15.9.
In the prior 12 months Web.com Group’s stock price has decreased by -31.38% from 23.17 to 15.9.
Web.com Group has 49,292,000 shares in issue which have a share price of 15.9 giving Web.com Group a market capitalisation of 783.74M USD .
The 52 week high of Web.com Group’s shares is 25 whilst the 52 week low for the company’s shares is 15.1. The 50 day moving average of NASDAQ:WEB is 17.41 and the 200 day moving average is 17.94.
Web.com Group, Inc. provides a range of Internet services to small businesses. The Company operates through Web services and products segment. The Company offers subscription-based solutions including domains, hosting, Website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products and e-commerce solutions. The Company offers Domain Name Registration and Services, Do-It-For-Me Web Solutions, Do-It-Yourself Web Solutions and Online Marketing Services. The Company offers online advertising opportunities for companies focused on small businesses to be featured on its Websites. The Company offers directory listings, which is an online search directory that gives businesses online exposure. The Company also offers a range of domain name services, including domain name registration, transfers, renewals, expiration protection and privacy services.