Zacks Rating on GoDaddy (GDDY)

GoDaddy (GDDY) : 5 brokerage houses believe that GoDaddy (GDDY) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on GoDaddy (GDDY). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.

GoDaddy (GDDY) : The consensus price target for GoDaddy (GDDY) is $36.94 for the short term with a standard deviation of $1.66. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $39, however, the pessimist price target for the company is $34.


GoDaddy Inc. has dropped 0.24% in the last five trading days, however, the shares have posted positive gains of 12.75% in the last 4 weeks. GoDaddy Inc. is up 3.88% in the last 3-month period. Year-to-Date the stock performance stands at 2.62%. GoDaddy (NYSE:GDDY): stock turned positive on Tuesday. Though the stock opened at $32.5, the bulls momentum made the stock top out at $32.97 level for the day. The stock recorded a low of $32.37 and closed the trading day at $32.9, in the green by 1.83%. The total traded volume for the day was 1,179,519. The stock had closed at $32.31 in the previous days trading.

GoDaddy Inc. operates a Web domain marketplace, The Company is a technology provider to small businesses, Web design professionals and individuals, delivering cloud-based products and outcome-driven, personalized Customer Care. The Company operates domain marketplace, where its customers can find that piece of digital real estate that matches their idea. The Company provides Website building, hosting and security tools to help customers construct and protect their online presence and tackle the changing technology landscape. It also provides applications that help them connect to its customers, manage and grow their businesses and get found online. It has designed and developed a set of cloud-based technology products that enable its customers to establish a digital presence, connect with their customers and manage their business operations. The Companys products include domain, hosting and presence, and business applications.

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