Barclays analyst Trevor Young maintained a Buy rating on GoDaddy (GDDY – Research Report) today and set a price target of $130.00. The company’s shares closed last Friday at $109.98.
According to TipRanks, Young is an analyst with an average return of -5.3% and a 53.65% success rate. Young covers the Consumer Cyclical sector, focusing on stocks such as Chewy, Airbnb, and Expedia.
GoDaddy has an analyst consensus of Moderate Buy, with a price target consensus of $124.36, which is a 13.08% upside from current levels. In a report released on February 15, Seaport Global also maintained a Buy rating on the stock with a $127.00 price target.
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The company has a one-year high of $113.70 and a one-year low of $67.44. Currently, GoDaddy has an average volume of 1.56M.
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GDDY in relation to earlier this year.
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GoDaddy (GDDY) Company Description:
GoDaddy, Inc. engages in the provision of domain name registration and web hosting services. It provides website building, hosting, and security tools. The company was founded by Robert R. Parsons on January 1997 and is headquartered in Scottsdale, AZ.
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