SunTrust Banks Inc. initiated coverage on shares of Mobileye NV (NYSE:MBLY) in a research note issued to investors on Tuesday. The brokerage issued a buy rating and a $63.00 price target on the stock.

Analyst Recommendations for Mobileye NV (NYSE:MBLY)

Several other analysts also recently commented on MBLY. Piper Jaffray Cos. initiated coverage on shares of Mobileye NV in a research report on Thursday, June 9th. They set an overweight rating and a $50.00 price objective on the stock. Berenberg Bank initiated coverage on shares of Mobileye NV in a research report on Friday, June 17th. They set a buy rating and a $24.00 price objective on the stock. Vetr downgraded shares of Mobileye NV from a strong-buy rating to a sell rating and set a $37.00 price objective on the stock. in a research report on Monday, June 20th. Goldman Sachs Group Inc. downgraded shares of Mobileye NV from a buy rating to a neutral rating and decreased their price objective for the company from $45.00 to $40.00 in a research report on Tuesday, June 28th. Finally, Royal Bank Of Canada raised their price objective on shares of Mobileye NV from $47.00 to $53.00 and gave the company an outperform rating in a research report on Tuesday, July 5th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $51.25.

Shares of Mobileye NV (NYSE:MBLY) opened at 43.36 on Tuesday. Mobileye NV has a one year low of $23.57 and a one year high of $52.00. The company has a market cap of $9.51 billion, a price-to-earnings ratio of 111.18 and a beta of 0.83. The firm has a 50-day moving average of $46.36 and a 200-day moving average of $41.37.

Several hedge funds and other institutional investors have recently bought and sold shares of MBLY. Credit Agricole S A raised its position in Mobileye NV by 54.8% in the first quarter. Credit Agricole S A now owns 5,200 shares of the company’s stock valued at $194,000 after buying an additional 1,840 shares during the period. Edmond DE Rothschild Holding S.A. raised its position 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 valued at $215,000 after buying an additional 1,600 shares during the period. Stratos Wealth Partners LTD. purchased a new position in Mobileye NV during the first quarter valued at approximately $221,000. Schonfeld Strategic Advisors LLC purchased a new position in Mobileye NV during the first quarter valued at approximately $250,000. Finally, Squarepoint Ops LLC purchased a new position in Mobileye NV during the first quarter valued at approximately $571,000. Hedge funds and other institutional investors own 77.82% of the company’s stock.

Mobileye NV Company Profile

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).

5 Day Chart for NYSE:MBLY

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