Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell initiated coverage on shares of Similarweb (NYSE:SMWB) in a research report report published on Monday morning, Price Targets.com reports. The firm issued a buy rating and a $32.00 target price on the stock.
Other equities analysts also recently issued reports about the company. JMP Securities started coverage on Similarweb in a report on Monday. They set an outperform rating and a $29.00 price target for the company. William Blair initiated coverage on shares of Similarweb in a research note on Monday. They set an outperform rating for the company. Jefferies Financial Group started coverage on shares of Similarweb in a research note on Monday. They issued a hold rating and a $23.00 target price on the stock. Barclays assumed coverage on shares of Similarweb in a research report on Monday. They set an equal weight rating and a $24.00 price target for the company. Finally, JPMorgan Chase & Co. started coverage on Similarweb in a research report on Monday. They issued an overweight rating and a $31.00 price objective on the stock. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Similarweb currently has an average rating of Buy and an average target price of $27.67.
SMWB stock 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.
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