Wix.com indicated as Buy By Cantor Fitzgerald
In an analyst rating update on Wednesday shares of Wix.com (NASDAQ:WIX) had their rating indicated by analysts at Cantor Fitzgerald.
The broker said it has now set a ‘Buy’ rating on shares of Wix.com with a price target of 52. The price target according to the broker shows a possible increase of 14.92% from the current stock price of 45.25.
The companies 50 day moving average is 43.53 and its 200 day moving average is 32.93. The 52 week high Wix.com’s shares have peaked at is 49.49 whilst the 52 week low for the company’s shares is 14.79.
Wix.com has 41,166,000 shares which are currently outstanding with a price of 45.25 calculating Wix.com’s market capitalisation to 1.86B USD .
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