2 weeks Ago By ABMN Staff
Wix.com Ltd. ( NASDAQ:WIX – Get Free Report )’s stock price reached a new 52-week high during mid-day trading on Tuesday after Evercore ISI upgraded the stock to a strong-buy rating.
The company traded as high as $224.33 and last traded at $222.28, with a volume of 366339 shares.
The stock had previously closed at $223.41. Several other equities analysts have also recently issued reports on WIX.
Cantor Fitzgerald lifted their price objective on shares of Wix.com from $200.00 to $240.
00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. B. Riley lifted their price target on shares of Wix.
com from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st.
UBS Group increased their price objective on Wix.com from $200.00 to $205.
00 and gave the company a “buy” rating in a research report on Thursday, August 8th. Piper Sandler lifted their target price on Wix.com from $200.
00 to $249.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Finally, Royal Bank of Canada upped their target price on Wix.
com from $190.00 to $245.00 and gave the company an “outperform” rating in a report on Thursday, November 21st.
Four investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $210.71.
Read Our Latest Stock Report on Wix.com Institutional Investors Weigh In On Wix.com Wix.
com Trading Down 0.4 % The stock has a fifty day moving average price of $172.07 and a 200 day moving average price of $164.
11. The firm has a market cap of $12.19 billion, a price-to-earnings ratio of 139.
81, a price-to-earnings-growth ratio of 4.24 and a beta of 1.47.
About Wix.com ( Get Free Report ) Wix.com Ltd.
, together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. Read More Receive News & Ratings for Wix.
com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wix.com and related companies with MarketBeat.com's FREE daily email newsletter .
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