William Blair assumed coverage on shares of Similarweb (NYSE:SMWB) in a report published on Monday, Analyst Ratings Network reports. The brokerage issued an outperform rating on the stock.
SMWB has been the topic of a number of other research reports. JMP Securities started coverage on shares of Similarweb in a research note on Monday. They set an outperform rating and a $29.00 price target on the stock. Jefferies Financial Group initiated coverage on Similarweb in a research report on Monday. They issued a hold rating and a $23.00 target price on the stock. Citigroup began coverage on Similarweb in a research report on Monday. They set a buy rating for the company. Finally, Barclays started coverage on Similarweb in a report on Monday. They issued an equal weight rating and a $24.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Similarweb has an average rating of Buy and a consensus target price of $27.67.
Shares of SMWB stock opened at $21.80 on Monday. Similarweb has a 1-year low of $19.75 and a 1-year 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.
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