A number of other equities research analysts have also issued reports on MBLY. Piper Jaffray Cos. started coverage on shares of Mobileye NV in a report on Thursday, June 9th. They issued an overweight rating and a $50.00 price objective for the company. Berenberg Bank started coverage on shares of Mobileye NV in a report on Friday, June 17th. They issued a buy rating and a $24.00 price objective for the company. Vetr lowered shares of Mobileye NV from a strong-buy rating to a sell rating and set a $37.00 target price for the company. in a research note on Monday, June 20th. Goldman Sachs Group Inc. lowered shares of Mobileye NV from a buy rating to a neutral rating and lowered their target price for the stock from $45.00 to $40.00 in a research note on Tuesday, June 28th. Finally, Royal Bank Of Canada increased their target price on shares of Mobileye NV from $47.00 to $53.00 and gave the stock an outperform rating in a research note on Tuesday, July 5th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Mobileye NV has an average rating of Buy and an average target price of $51.25.
Mobileye NV (NYSE:MBLY) opened at 43.36 on Tuesday. The company has a market cap of $9.51 billion, a price-to-earnings ratio of 111.18 and a beta of 0.83. Mobileye NV has a 1-year low of $23.57 and a 1-year high of $52.00. The company’s 50 day moving average is $46.36 and its 200 day moving average is $41.37.
A number of hedge funds have recently modified their holdings of the stock. Credit Agricole S A boosted its stake in Mobileye NV by 54.8% in the first quarter. Credit Agricole S A now owns 5,200 shares of the company’s stock worth $194,000 after buying an additional 1,840 shares during the last quarter. Edmond DE Rothschild Holding S.A. boosted its stake in Mobileye NV by 38.5% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 5,757 shares of the company’s stock worth $215,000 after buying an additional 1,600 shares during the last quarter. Stratos Wealth Partners LTD. bought a new stake in Mobileye NV during the first quarter worth $221,000. Schonfeld Strategic Advisors LLC bought a new stake in Mobileye NV during the first quarter worth $250,000. Finally, Squarepoint Ops LLC bought a new stake in Mobileye NV during the first quarter worth $571,000. 77.82% of the stock is currently owned by hedge funds and other institutional investors.
About Mobileye NV
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).
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