Dougherty & Co Begins Coverage on Mobileye NV (MBLY)
Research analysts at Dougherty & Co initiated coverage on shares of Mobileye NV (NASDAQ:MBLY) in a report released on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $45.00 price target on the stock. Dougherty & Co’s price target points to a potential upside of 34.97% from the company’s current price.
Separately, analysts at RBC Capital initiated coverage on shares of Mobileye NV in a research note on Wednesday, August 13th. They set an “outperform” rating and a $43.00 price target on the stock.
Mobileye NV (NASDAQ:MBLY) traded up 3.86% during mid-day trading on Tuesday, hitting $34.6275. The stock had a trading volume of 828,458 shares. Mobileye NV has a one year low of $31.11 and a one year high of $41.50. The stock’s 50-day moving average is $34.31 and its 200-day moving average is $34.31. The company’s market cap is $1.111 billion.
Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (NASDAQ:MBLY).
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