National Vision (NASDAQ:EYE) Receives New Coverage from Analysts at Morgan Stanley

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.

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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.

Analyst Recommendations for National Vision (NASDAQ:EYE)

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