A number of research firms have changed their ratings and price targets for National Vision (NASDAQ: EYE):

  • 11/21/2017 – National Vision is now covered by analysts at Guggenheim. They set a “buy” rating on the stock.
  • 11/20/2017 – National Vision is now covered by analysts at Wells Fargo & Company. They set an “outperform” rating and a $34.00 price target on the stock.
  • 11/20/2017 – National Vision is now covered by analysts at Goldman Sachs Group Inc. They set a “neutral” rating and a $30.00 price target on the stock.
  • 11/20/2017 – National Vision is now covered by analysts at UBS AG. They set a “neutral” rating and a $31.00 price target on the stock.
  • 11/20/2017 – National Vision is now covered by analysts at Morgan Stanley. They set an “overweight” rating and a $36.00 price target on the stock.
  • 11/20/2017 – National Vision is now covered by analysts at Bank of America Corp. They set a “neutral” rating on the stock.
  • 11/20/2017 – National Vision is now covered by analysts at Jefferies Group LLC. They set a “buy” rating and a $36.00 price target on the stock.
  • 11/20/2017 – National Vision was given a new $34.00 price target on by analysts at Wells Fargo & Company. They now have a “buy” rating on the stock. They wrote, “We view National Vision as an attractive core holding for small/midcap growth investors with a favorable set-up at this stage in the economic cycle owing to both offensive (white space, +MSD comps) and defensive (recurring revenue, subscription club, recession resistance) characteristics.  A model with visibility; an eye on value in historically high- priced category. Challenges across retail have been well documented, but National Vision has outgrown peers and taken share by offering low prices and free eye exams to an underserved value segment of the market. Over the past 10 years, value players have outgrown the industry by nearly 2x (6.6% vs. 3.4% CAGR), with National Vision a key contributor posting 62 straight quarters of positive comps (+5% during this time, including recession).  A look ahead; we model double-digit sales & profit growth. Over the next 3-5 years, we expect National Vision to post ~10% EBITDA and.””
  • 11/20/2017 – National Vision is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $35.00 price target on the stock.

Shares of National Vision Holdings Inc (NASDAQ EYE) opened at $32.85 on Wednesday. National Vision Holdings Inc has a 52 week low of $27.19 and a 52 week high of $33.88.

In related news, CFO Patrick R. Moore bought 4,500 shares of the stock in a transaction dated Monday, October 30th. The stock was bought at an average price of $22.00 per share, with a total value of $99,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Raymond J. Mcallister bought 11,200 shares of the stock in a transaction dated Monday, October 30th. The stock was bought at an average cost of $22.00 per share, with a total value of $246,400.00. The disclosure for this purchase can be found here.

National Vision Holdings, Inc is an optical retail company. The Company is focused on offering a variety of products and services for customers’ eye care needs. The Company’s segments include owned & host segment and legacy segment. The owned & host segment includes two owned brands, America’s Best and Eyeglass World, and Vista Optical locations in Fred Meyer stores.

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