A statement released earlier today by Vetr Inc. about Mobileye NV (NYSE:MBLY) bumps the target price to $46.15
- Updated: September 29, 2016
Yesterday Mobileye NV (NYSE:MBLY) traded -1.58% lower at $41.67. The company’s 50-day moving average is $45.74 and its 200-day moving average is $41.64. The last closing price is up 0.06% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,212,613 shares of the stock were exchanged, down from an average trading volume of 3,971,720
Vetr Inc. bumped up the target of Mobileye NV (NYSE:MBLY) to $46.15 indicating a possible upside of 0.11%.
Previously on 9/20/2016, Suntrust Robinson reported on Mobileye NV (NYSE:MBLY) raised the target price from $0.00 to $63.00. At the time, this indicated a possible upside of 0.51%.
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Mobileye NV has a 52 week low of $23.57 and a 52 week high of $52.00 with a P/E ratio of 106.85 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its target price, a total of 12 brokers have issued a report on the stock. The consensus target price is $54.67 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Mobileye NV (NYSE:MBLY)
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). The Company's OEM segment supplies the software algorithms and EyeQ chip that are the technology of the ADAS to the Tier 1 companies, which are the system integrators for the automotive industry. In the AM segment, the Company sells system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components. The Company's software algorithms and EyeQ chips perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. The Company's technology is available in approximately 220 car models from over 20 OEMs.
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