Similarweb Ltd. (NYSE:SMWB – Get Free Report) has been given an average rating of “Buy” by the ten research firms that are covering the stock, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $13.50.
Several analysts have commented on SMWB shares. JMP Securities reiterated a “market outperform” rating and set a $17.00 target price on shares of Similarweb in a research report on Wednesday, December 11th. The Goldman Sachs Group initiated coverage on Similarweb in a report on Wednesday, December 11th. They issued a “buy” rating and a $16.00 price objective for the company. William Blair restated an “outperform” rating on shares of Similarweb in a report on Thursday, December 19th. Citigroup upped their price target on Similarweb from $10.00 to $14.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, Northland Securities boosted their price objective on shares of Similarweb from $15.00 to $17.00 and gave the company an “outperform” rating in a report on Tuesday, November 26th.
Institutional Investors Weigh In On Similarweb
Similarweb Trading Down 2.4 %
Shares of NYSE SMWB opened at $14.51 on Friday. The firm has a market capitalization of $1.17 billion, a PE ratio of -131.91 and a beta of 0.97. The firm’s 50-day moving average is $12.79 and its 200-day moving average is $9.75. Similarweb has a 1 year low of $5.25 and a 1 year high of $15.10.
Similarweb Company Profile
Similarweb Ltd. provides cloud-based digital intelligence solutions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally. The company offers digital research intelligence solutions for its customers to benchmark performance against competitors and market leaders, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and digital marketing intelligence solutions for its customers to understand their competitors' online acquisition strategies in each marketing channel, and optimize their own strategies.
Read More
- Five stocks we like better than Similarweb
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
- How to buy stock: A step-by-step guide for beginners
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- Stock Dividend Cuts Happen Are You Ready?
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
Receive News & Ratings for Similarweb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Similarweb and related companies with MarketBeat.com's FREE daily email newsletter.