Report
EUR 13.20 For Business Accounts Only

Despite a better risk assessment and improving to Neutral, LOCAWEB SERVICOS DE INTERNET ON remains under pressure

LOCAWEB SERVICOS DE INTERNET ON (BR), a company active in the Computer Services industry, improves its market behaviour and slightly increases its general evaluation. The independent financial analyst theScreener just upgraded the stock market behaviour as moderately risky. At a fundamental level, theScreener confirms 1 out of 4 possible stars; the general evaluation is slightly increased to Neutral but the title remains under pressure. As of the analysis date January 11, 2022, the closing price was BRL 9.89 and its target price was estimated at BRL 9.40.
Underlying
Locaweb Servicos de Internet

Locaweb Servicos de Internet SA is a Brazil-based provider of Business-to-Business (B2B) technology solutions. The Company's activities are divided into two operating segments: Be Online/SaaS and Commerce. Be Online/SaaS division offers services of hosting, hosting reseller, domain registration, cloud computing and dedicated servers, as well as solutions related to email accounts, email marketing campaigns and Internet Protocol (IP) communication, through brands Locaweb, Locaweb Corp, All iN, KingHost, Cluster2Go and Delivery Direto. Commerce division is engaged in facilitating online retail operations, providing e-commerce platforms and payment solutions, through brands Tray, Tray Corp and Yapay. The Company owns several subsidiaries, such as ITCapital Servicos Tecnologia Ltda, Ananke Participacoes SA and LwK Hosting Participacoes Ltda.

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TheScreener
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