In a report released today, Robert Drbul from Guggenheim reiterated a Buy rating on National Vision Holdings Inc (EYE), with a price target of $40. The company’s shares opened today at $27.49, close to its 52-week low of $25.60.
Drbul noted:
“We are reiterating our BUY rating due to EYE’s attractive growth prospects, but lower our PT to $40 from $46.”
According to TipRanks.com, Drbul is a 5-star analyst with an average return of 11.4% and a 69.6% success rate. Drbul covers the Services sector, focusing on stocks such as Ascena Retail Group, Burlington Stores, and Amazon.com Inc.
Currently, the analyst consensus on National Vision Holdings Inc is a Strong Buy with an average price target of $39, implying a 41.9% upside from current levels. In a report released today, Wells Fargo also maintained a Buy rating on the stock with a $37 price target.
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National Vision Holdings Inc’s market cap is currently $2.08B and has a P/E ratio of 84.56. The company has a Price to Book ratio of 2.89.
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National Vision Holdings, Inc. engages in optical retail. It operates through Owned and Host, and Legacy segment. The Owned and Host segment includes two brands, America’s Best and Eyeglass World, and Vista Optical locations in Fred Meyer stores.
