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BidaskClub upgraded Dolby Laboratories, Inc. (NYSE:DLB) to Hold in a report released today.

BidaskClub has upgraded Dolby Laboratories, Inc. (NYSE:DLB) to Hold in a statement released on 07/08/2017.

Boasting a price of $50.25, Dolby Laboratories, Inc. (NYSE:DLB) traded 0.02% higher on the day. With the last stock price close down -1.45% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Dolby Laboratories, Inc. has recorded a 50-day average of $51.28 and a two hundred day average of $50.73. Volume of trade was up over the average, with 516,426 shares of DLB changing hands over the typical 332,208

Performance Chart

Dolby Laboratories, Inc. (NYSE:DLB)

With a total market value of $0, Dolby Laboratories, Inc. has price-earnings ratio of 25.58 with a one year low of $44.99 and a one year high of $55.02 .

A total of 4 equity analysts have released a ratings update on DLB. Two equity analysts rating the company a strong buy, one equity analyst rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $39.00.

Brief Synopsis About Dolby Laboratories, Inc. (NYSE:DLB)

Dolby Laboratories, Inc. designs and manufactures audio and imaging products for the cinema, television, broadcast and entertainment industries. Its products for cinema include Digital Cinema Servers and Cinema Audio Products, and broadcast and other include Dolby Conference Phone and Other Products. It offers services to support theatrical and television production for cinema exhibition, broadcast and home entertainment, including equipment training and maintenance, mixing room alignment and equalization, as well as audio, color and light image calibration. Its technologies include Advanced Audio Coding and High Efficiency Advanced Audio Coding, Dolby AC-4, Dolby Atmos, Dolby Digital, Dolby Digital Plus, Dolby TrueHD, Dolby Vision, Dolby Voice and High Efficiency Video Coding. It distributes its products in over 80 countries. Its technologies are incorporated in offerings in various end markets, such as the broadcast, Personal Computer, mobile, consumer electronics and other markets.

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