Deutsche Bank Maintains Web.com Group Inc to Hold with Price Target $17.00

Brokerage firm Deutsche Bank Maintains its rating on Web.com Group Inc(NASDAQ:WEB). In a research note issued to the investors, the brokerage major Lowers the price-target to $17.00 per share. The shares have been rated Hold. The rating by Deutsche Bank was issued on Aug 5, 2016.

Web.com Group Inc(WEB) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $193.86M. Analysts had an estimated revenue of $194.14M. Earnings per share were $0.64. Analysts had estimated an EPS of $0.59.

Several Insider Transactions has been reported to the SEC. On Jun 17, 2016, Jason Teichman (Chief Operating Officer) sold 30,000 shares at $17.45 per share price.Also, On May 18, 2016, John Giuliani (director) purchased 14,000 shares at $16.52 per share price.On Dec 14, 2015, Kevin M Carney (EVP/Chief Financial Officer) sold 50,000 shares at $22.78 per share price, according to the Form-4 filing with the securities and exchange commission.

Web.com Group Inc. (Web.com) provides a range of Internet services to small businesses. The Company offers Domain Name Registration and Services Do-It-For-Me Web Solutions Do-It-Yourself Web Solutions and Online Marketing Services. It offers Domain Name Registration and Services such as domain name registration transfers renewals expiration protection and privacy services. It offers Do-It-For-Me (DIFM) Web Solutions such as custom Website Ignite Facebook Boost by Web.com and eCommerce. It offers Do-It-Yourself Web Solutions such as Website building and marketing solutions. It offers Online Marketing Services such as search engine optimization (SEO) search engine marketing Leads by Web and renovation experts. Web.com offers small businesses subscription-based solutions such as domains hosting Website design and management search engine optimization online marketing campaigns local sales leads social media mobile products and eCommerce solutions.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *