Web.com Group, Inc. (WEB) Reaches $24.00 After 9.00% Up Move; 1 Bullish Analysts Covering ReneSola Ltd (SOL)

January 14, 2018 - By Winifred Garcia

Among 4 analysts covering Renesola Ltd. (NYSE:SOL), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Renesola Ltd. had 10 analyst reports since August 26, 2015 according to SRatingsIntel. As per Friday, August 5, the company rating was downgraded by Roth Capital. The stock of ReneSola Ltd (NYSE:SOL) earned “Sell” rating by Roth Capital on Thursday, June 15. The stock of ReneSola Ltd (NYSE:SOL) has “Buy” rating given on Wednesday, December 16 by TH Capital. The stock of ReneSola Ltd (NYSE:SOL) earned “Neutral” rating by Roth Capital on Monday, October 16. Zacks upgraded the shares of SOL in report on Friday, August 28 to “Hold” rating. The firm earned “Neutral” rating on Wednesday, March 29 by Credit Suisse. The stock has “Hold” rating by Roth Capital on Wednesday, March 9. The firm has “Hold” rating given on Wednesday, December 20 by Roth Capital. As per Wednesday, November 22, the company rating was maintained by Roth Capital. See ReneSola Ltd (NYSE:SOL) latest ratings:

20/12/2017 Broker: Roth Capital Rating: Hold New Target: $2.8 Maintain
22/11/2017 Broker: Roth Capital Rating: Hold New Target: $2.55 Maintain
16/10/2017 Broker: Roth Capital Old Rating: Sell New Rating: Neutral Upgrade

The stock of Web.com Group, Inc. (NASDAQ:WEB) is a huge mover today! The stock increased 4.80% or $1.1 during the last trading session, reaching $24. About 366,182 shares traded or 31.01% up from the average. Web.com Group, Inc. (NASDAQ:WEB) has risen 26.30% since January 14, 2017 and is uptrending. It has outperformed by 9.60% the S&P500.The move comes after 9 months positive chart setup for the $1.17B company. It was reported on Jan, 14 by Barchart.com. We have $26.16 PT which if reached, will make NASDAQ:WEB worth $105.30 million more.

Web.com Group, Inc. provides a range of Internet services to small businesses in North America, South America, and the United Kingdom. The company has market cap of $1.17 billion. The firm offers a range of Web services and products that enable small businesses to establish, maintain, promote, and optimize their online presence. It has a 48.88 P/E ratio. It provides domain name registration, such as .com and .net domains, as well as a suite of domain name services, including domain name registration, transfer, renewal, expiration protection, and privacy services.

Analysts await Web.com Group, Inc. (NASDAQ:WEB) to report earnings on February, 8. They expect $0.20 earnings per share, down 67.74% or $0.42 from last year’s $0.62 per share. WEB’s profit will be $9.75 million for 30.00 P/E if the $0.20 EPS becomes a reality. After $0.16 actual earnings per share reported by Web.com Group, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Among 4 analysts covering Web.com Group (NASDAQ:WEB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Web.com Group had 7 analyst reports since December 30, 2015 according to SRatingsIntel. The company was maintained on Friday, May 6 by RBC Capital Markets. The firm earned “Hold” rating on Wednesday, October 19 by Cantor Fitzgerald. Suntrust Robinson upgraded Web.com Group, Inc. (NASDAQ:WEB) on Friday, February 12 to “Buy” rating. The company was maintained on Wednesday, December 30 by Suntrust Robinson. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, February 16. The stock of Web.com Group, Inc. (NASDAQ:WEB) has “Hold” rating given on Friday, November 4 by Suntrust Robinson. The company was upgraded on Tuesday, January 19 by Craig Hallum.

The stock decreased 0.33% or $0.01 during the last trading session, reaching $3.06. About 43,940 shares traded. ReneSola Ltd (NYSE:SOL) has declined 51.83% since January 14, 2017 and is downtrending. It has underperformed by 68.53% the S&P500.

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