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Barclays Reaffirms Their Buy Rating on Similarweb (SMWB)
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Barclays Reaffirms Their Buy Rating on Similarweb (SMWB)

In a report released today, Ryan MacWilliams from Barclays maintained a Buy rating on Similarweb (SMWBResearch Report), with a price target of $9.00. The company’s shares closed yesterday at $7.00.

According to TipRanks, MacWilliams is a 5-star analyst with an average return of 15.6% and a 59.54% success rate. MacWilliams covers the Technology sector, focusing on stocks such as Atlassian, Similarweb, and Five9.

Similarweb has an analyst consensus of Strong Buy, with a price target consensus of $11.00, representing a 57.14% upside. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $14.00 price target.

SMWB market cap is currently $551M and has a P/E ratio of -26.96.

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Similarweb (SMWB) Company Description:

Similarweb Ltd provides a platform for digital intelligence, delivering a view of the digital world that empowers its customers to be competitive in markets.

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