What Are Wall Street Analysts' Target Price for VeriSign Stock?

With a market cap of $27.8 billion, VeriSign, Inc. (VRSN) provides internet infrastructure and domain name registry services that enable global internet navigation and support secure online commerce. It manages key domain registries, including .com and .net, operates two of the world’s thirteen internet root servers, and offers back-end services for several other domain extensions.

Shares of the Reston, Virginia-based company have lagged behind the broader market over the past 52 weeks. VRSN stock has risen 10.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 28.1%. However, shares of the company are up nearly 28% on a YTD basis, outpacing SPX's 9.3% gain.