Mobileye NV Given Average Rating of “Buy” by Brokerages (NASDAQ:MBLY)
Mobileye NV (NASDAQ:MBLY) has received a consensus rating of “Buy” from the eleven brokerages that are currently covering the company, Analyst Ratings Net reports. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $45.44.
Shares of Mobileye NV (NASDAQ:MBLY) opened at 43.22 on Tuesday. Mobileye NV has a 52-week low of $31.11 and a 52-week high of $45.46. The stock’s 50-day moving average is $36.82 and its 200-day moving average is $36.82. The company’s market cap is $1.386 billion. Mobileye NV also was the target of unusually large options trading on Wednesday. Stock investors purchased 6,174 call options on the company. This represents an increase of approximately 827% compared to the typical volume of 666 call options.
A number of research firms have recently commented on MBLY. Analysts at Citigroup Inc. initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set a “buy” rating and a $48.00 price target on the stock. Separately, analysts at Raymond James initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set an “outperform” rating and a $46.00 price target on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set a “neutral” rating and a $45.00 price target on the stock.
Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (NASDAQ:MBLY).
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