Mobileye NV (NASDAQ:MBLY)‘s stock had its “buy” rating reaffirmed by analysts at Barclays PLC in a research report issued to clients and investors on Wednesday. They presently have a $60.00 price target on the stock. Barclays PLC’s target price would suggest a potential upside of 54.96% from the stock’s current price.

Several other research analysts have also issued reports on MBLY. JPMorgan Chase & Co. started coverage on shares of Mobileye NV in a research report on Tuesday, July 19th. They issued a “neutral” rating and a $55.00 price target on the stock. Berenberg Bank restated a “buy” rating and issued a $58.00 price target (up previously from $51.00) on shares of Mobileye NV in a research report on Monday, July 25th. Dougherty & Co upgraded shares of Mobileye NV from a “neutral” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Wednesday, July 27th. Royal Bank Of Canada restated an “outperform” rating and issued a $53.00 price target on shares of Mobileye NV in a research report on Wednesday, July 27th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $72.00 price target on shares of Mobileye NV in a research report on Wednesday, July 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Mobileye NV presently has a consensus rating of “Buy” and an average price target of $58.92.

Analyst Recommendations for Mobileye NV (NASDAQ:MBLY)

Mobileye NV (NASDAQ:MBLY) opened at 38.72 on Wednesday. The company has a 50 day moving average price of $38.63 and a 200 day moving average price of $41.86. The stock has a market capitalization of $8.49 billion and a price-to-earnings ratio of 99.28. Mobileye NV has a 12 month low of $23.57 and a 12 month high of $51.15.

Mobileye NV (NASDAQ:MBLY) last posted its quarterly earnings results on Tuesday, November 15th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The business earned $94.90 million during the quarter, compared to analyst estimates of $89.51 million. The company’s quarterly revenue was up 34.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.15 EPS. Equities research analysts predict that Mobileye NV will post $0.71 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in MBLY. Jennison Associates LLC acquired a new stake in Mobileye NV during the third quarter valued at about $153,174,000. Johnston Asset Management LLC raised its stake in Mobileye NV by 9.3% in the second quarter. Johnston Asset Management LLC now owns 2,680,637 shares of the company’s stock valued at $123,685,000 after buying an additional 228,089 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in Mobileye NV by 2.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 2,501,848 shares of the company’s stock valued at $106,504,000 after buying an additional 68,741 shares during the last quarter. State Street Corp raised its stake in Mobileye NV by 93.8% in the second quarter. State Street Corp now owns 2,430,283 shares of the company’s stock valued at $112,130,000 after buying an additional 1,176,159 shares during the last quarter. Finally, Sarasin & Partners LLP acquired a new stake in Mobileye NV during the second quarter valued at about $100,170,000.

Mobileye NV Company Profile

Mobileye N.V. is engaged in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems (ADAS) and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing (OEM) and aftermarket (AM).

5 Day Chart for NASDAQ:MBLY

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