Research analysts at Morgan Stanley initiated coverage on shares of National Vision (NASDAQ:EYE) in a report released on Monday, November 20th. The brokerage set an “overweight” rating and a $36.00 price target on the stock. Morgan Stanley’s price target suggests a potential upside of 9.42% from the stock’s previous close.
EYE has been the subject of a number of other reports. Wells Fargo & Company set a $34.00 price target on National Vision and gave the company a “buy” rating in a research note on Monday, November 20th. Jefferies Group assumed coverage on National Vision in a research note on Monday, November 20th. They set a “buy” rating and a $36.00 price target for the company. Bank of America assumed coverage on National Vision in a research note on Monday, November 20th. They set a “neutral” rating for the company. Finally, Citigroup assumed coverage on National Vision in a research note on Monday, November 20th. They set a “buy” rating and a $35.00 price objective for the company. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $33.67.
Shares of National Vision (NASDAQ:EYE) traded up $0.32 during trading on Monday, hitting $32.90. The stock had a trading volume of 232,842 shares, compared to its average volume of 405,472. National Vision has a fifty-two week low of $27.19 and a fifty-two week high of $33.88.
In other news, COO Raymond J. Mcallister acquired 11,200 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The stock was acquired at an average cost of $22.00 per share, for a total transaction of $246,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Patrick R. Moore bought 4,500 shares of the business’s stock in a transaction on Monday, October 30th. The shares were bought at an average price of $22.00 per share, for a total transaction of $99,000.00. The disclosure for this purchase can be found here.
COPYRIGHT VIOLATION NOTICE: This report was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright legislation. The legal version of this report can be read at https://www.dispatchtribunal.com/2017/12/07/natl-vision-hld-eye-now-covered-by-morgan-stanley.html.
About National Vision
National Vision Holdings, Inc is an optical retail company. The Company is focused on offering a variety of products and services for customers’ eye care needs. The Company’s segments include owned & host segment and legacy segment. The owned & host segment includes two owned brands, America’s Best and Eyeglass World, and Vista Optical locations in Fred Meyer stores.
Receive News & Ratings for National Vision Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Vision Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.