Oppenheimer assumed coverage on shares of Similarweb (NYSE:SMWB) in a report released on Monday, Analyst Ratings Network reports. The firm issued an outperform rating and a $27.00 price objective on the stock.
A number of other research firms also recently weighed in on SMWB. Barclays assumed coverage on Similarweb in a report on Monday. They issued an equal weight rating and a $24.00 price objective for the company. William Blair began coverage on shares of Similarweb in a research report on Monday. They set an outperform rating on the stock. Jefferies Financial Group began coverage on shares of Similarweb in a research report on Monday. They set a hold rating and a $23.00 price target on the stock. JPMorgan Chase & Co. began coverage on shares of Similarweb in a research report on Monday. They set an overweight rating and a $31.00 price target on the stock. Finally, Citigroup began coverage on shares of Similarweb in a research report on Monday. They set a buy rating on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Similarweb has an average rating of Buy and a consensus target price of $27.67.
NYSE SMWB opened at $21.80 on Monday. Similarweb has a twelve month low of $19.75 and a twelve month high of $22.99.
Similarweb Ltd. provides website traffic solutions through AI-driven data analytics worldwide. It offers digital research intelligence solutions that allow senior leaders, strategy, business intelligence, and consumer insights teams 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 solutions, which enable marketing leaders, search engine optimization, and content managers, pay-per-click, performance marketers, affiliate marketers, and media buyers to understand their competitors' online acquisition strategies in each marketing channel.
Further Reading: Price-Sales Ratio
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.