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Mobileye NV (NYSE:MBLY) target price raised to $47.53, reported today by Vetr Inc.

Only yesterday Mobileye NV (NYSE:MBLY) traded 2.65% lower at $42.94. Mobileye NV’s 50-day moving average is $46.76 and its 200-day average is $41.29. With the last close up 1.24% relative to the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. Trade volume was was down over the average, with 4,055,848 shares of MBLY changing hands under the typical 4,103,840 shares..

Vetr Inc. raised the target price of Mobileye NV (NYSE:MBLY) to $48, reporting a possible upside of 0.11%,

On 9/13/2016, Vetr Inc. released a statement for Mobileye NV(NYSE:MBLY) upped the target price from $0.00 to $47.53 that indicated a possible upside of 0.03%.

See Chart Below:

Mobileye NV (NYSE:MBLY)

A total of 12 equity analysts have reported on the stock. Zero rate the company a strong buy, 0 rate the company a buy, 0 firms rate the stock a hold, 0 rate the stock to underperform, and lastly 0 brokeragesrate the company as sell with an average target of $54.67

With a market capitalization of $0.0, Mobileye NV has a price-earnings of 107 with a one-year low of $23.57 and a one-year high of $52.00.

General Company Details For 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, and debris and other obstacles. The Company’s technology is available in approximately 220 car models from over 20 OEMs.

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