In a report released yesterday, Ryan MacWilliams from Barclays maintained a Buy rating on Similarweb (SMWB – Research Report), with a price target of $9.00. The company’s shares closed yesterday at $7.56.
According to TipRanks, MacWilliams is a 5-star analyst with an average return of 14.2% and a 62.26% success rate. MacWilliams covers the Technology sector, focusing on stocks such as HubSpot, Atlassian, and Gitlab.
Currently, the analyst consensus on Similarweb is a Strong Buy with an average price target of $11.00, representing a 45.50% upside. In a report released yesterday, JMP Securities also maintained a Buy rating on the stock with a $14.00 price target.
See today’s best-performing stocks on TipRanks >>
SMWB market cap is currently $577.8M and has a P/E ratio of -19.94.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on SMWB:
