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RBC Capital started coverage on shares of Mobileye NV (NASDAQ:MBLY) in a research note issued on Wednesday, reports. The firm set an “outperform” rating and a $43.00 price target on the stock. RBC Capital’s price target points to a potential upside of 33.42% from the company’s current price.

Shares of Mobileye NV (NASDAQ:MBLY) traded down 0.25% on Wednesday, hitting $32.15. The stock had a trading volume of 960,759 shares. Mobileye NV has a 1-year low of $31.11 and a 1-year high of $41.50. The stock has a 50-day moving average of $34.92 and a 200-day moving average of $34.92. The company’s market cap is $1.031 billion.

Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (NASDAQ:MBLY).

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