Web.com Group (WEB) – Investment Analysts’ Recent Ratings Updates

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A number of firms have modified their ratings and price targets on shares of Web.com Group (AMEX: WEB) recently:

11/4/2015 – Web.com Group had its "buy" rating reaffirmed by analysts at B. Riley. They now have a $30.00 price target on the stock.

11/3/2015 – Web.com Group was upgraded by analysts at Zacks Investment Research from a "sell" rating to a "hold" rating. According to Zacks, "WEB.COM GROUP, INC. is a leading provider of online marketing for small businesses. Web.com offers a full range of online services, including Internet marketing and advertising, local search, search engine marketing, search engine optimization, lead generation, home contractor specific leads, website design and publishing, logo and brand development, and eCommerce solutions, meeting the needs of small businesses anywhere along their lifecycle. "

11/1/2015 – Web.com Group had its "overweight" rating reaffirmed by analysts at Piper Jaffray. They now have a $31.00 price target on the stock.

10/30/2015 – Web.com Group had its "buy" rating reaffirmed by analysts at B. Riley. They now have a $30.00 price target on the stock.

10/30/2015 – Web.com Group had its "buy" rating reaffirmed by analysts at Roth Capital.

10/26/2015 – Web.com Group had its "sector perform" rating reaffirmed by analysts at RBC Capital. They now have a $25.00 price target on the stock.

10/19/2015 – Web.com Group was upgraded by analysts at Zacks Investment Research from a "sell" rating to a "hold" rating. According to Zacks, "WEB.COM GROUP, INC. is a leading provider of online marketing for small businesses. Web.com offers a full range of online services, including Internet marketing and advertising, local search, search engine marketing, search engine optimization, lead generation, home contractor specific leads, website design and publishing, logo and brand development, and eCommerce solutions, meeting the needs of small businesses anywhere along their lifecycle. "

10/1/2015 – Web.com Group had its "buy" rating reaffirmed by analysts at B. Riley. They now have a $30.00 price target on the stock.

9/30/2015 – Web.com Group was downgraded by analysts at Zacks Investment Research from a "buy" rating to a "sell" rating. According to Zacks, "WEB.COM GROUP, INC. is a leading provider of online marketing for small businesses. Web.com offers a full range of online services, including Internet marketing and advertising, local search, search engine marketing, search engine optimization, lead generation, home contractor specific leads, website design and publishing, logo and brand development, and eCommerce solutions, meeting the needs of small businesses anywhere along their lifecycle. "

9/29/2015 – Web.com Group had its "buy" rating reaffirmed by analysts at Piper Jaffray. They now have a $31.00 price target on the stock.

9/25/2015 – Web.com Group had its "buy" rating reaffirmed by analysts at B. Riley. They now have a $30.00 price target on the stock.

Shares of Web.com Group Inc (AMEX:WEB) traded up 0.57% during mid-day trading on Friday, hitting $24.50. The company's stock had a trading volume of 76,013 shares. Web.com Group Inc has a 1-year low of $24.29 and a 1-year high of $24.75. The company has a 50-day moving average of $0.00 and a 200 day moving average of $0.00. The company has a market cap of $1.23 billion and a price-to-earnings ratio of 291.67.

Web.com Group (AMEX:WEB) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.60 by $0.02. The company had revenue of $140.40 million for the quarter, compared to analyst estimates of $139.55 million. During the same period in the prior year, the company earned $0.63 EPS. The company's quarterly revenue was down 2.4% compared to the same quarter last year. On average, analysts expect that Web.com Group Inc will post $2.42 EPS for the current year.

In other Web.com Group news, major shareholder Opportunistic Value Fun Okumus sold 201,957 shares of the company's stock in a transaction on Friday, November 6th. The stock was sold at an average price of $24.80, for a total transaction of $5,008,533.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Web.com Group, Inc. (AMEX:WEB) provides a range of Internet services to small businesses. The Company offers Domain Name Registration and Services, Do-It-For-Me Do-It-Yourself Web Solutions Web Solutions and internet Marketing Services. It gives Services and Domain Name Registration, such as domain name registration, transfers, renewals, expiration protection and secrecy services. It offers Do-It-For-Me (DIFM) Web Solutions, for example custom Website, Ignite, Facebook Rise by Web.com and eCommerce. It offers Do-It-Yourself Web Solutions, for example marketing solutions and Website building. It offers Online Promotion Services, such as search engine optimization (orSEO), search engine marketing, Directs by renovation and Web specialists. Web.com offers small businesses subscription-based alternatives, such as domains, hosting, Website design and management, seo, online advertising efforts, local sales leads, social media, mobile products and eCommerce options.

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