Brokerage Firm Rating Update on Mobileye N.V. (MBLY)

Mobileye N.V. (MBLY) : 13 analysts are covering Mobileye N.V. (MBLY) and their average rating on the stock is 1.62, which is read as a Buy. 7 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Mobileye N.V. (MBLY) also receives 4 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Mobileye N.V. (MBLY) : 9 Wall Street analysts covering Mobileye N.V. (MBLY) believe that the average level the stock could reach for the short term is $56.56. The maximum price target given is $72 and the minimum target for short term is around $30, hence the standard deviation is calculated at $11.17.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Dougherty & Company upgrades its rating on Mobileye N.V. (NYSE:MBLY). The rating major has initiated the coverage with buy rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on July 27, 2016.

Mobileye N.V. (NYSE:MBLY): The stock opened at $48.98 and touched an intraday high of $49.36 on Wednesday. During the day, the stock corrected to an intraday low of $48.834, however, the bulls stepped in and pushed the price higher to close in the green at $49.05 with a gain of 0.25% for the day. The total traded volume for the day was 2,252,498. The stock had closed at $48.93 in the previous trading session.

Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (ADAS). The Companys software algorithms and EyeQ system on a chip (SOC) perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. Its products are also able to detect roadway markings such as lanes, road boundaries, barriers and similar items, as well as to identify and read traffic signs and traffic lights. It operates in two segments: the original equipment manufacturer segment and the AM segment. The OEM segment supplies the software algorithms and EyeQ chip that are the core technology of the complete ADAS to the Tier 1 companies that are the system integrators for the automotive industry. In the AM segment, it sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.

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