National Vision (NASDAQ:EYE) Price Target Raised to $13.00

National Vision (NASDAQ:EYE) had its target price upped by analysts at Citigroup from $12.00 to $13.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s price objective would suggest a potential upside of 6.91% from the company’s previous close.

Other research analysts have also recently issued reports about the company. Morgan Stanley reduced their price objective on National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 21st. Barclays raised their price target on shares of National Vision from $12.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, Wells Fargo & Company boosted their price objective on shares of National Vision from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 27th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $14.00.

National Vision Stock Up 3.8 %

EYE traded up $0.44 during trading on Friday, reaching $12.16. The company had a trading volume of 1,993,093 shares, compared to its average volume of 1,501,516. The business’s fifty day moving average price is $11.43 and its 200 day moving average price is $11.04. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. National Vision has a 12 month low of $9.56 and a 12 month high of $24.11. The company has a market cap of $958.00 million, a P/E ratio of -60.80, a PEG ratio of 3.27 and a beta of 1.44.

Hedge Funds Weigh In On National Vision

Several hedge funds and other institutional investors have recently made changes to their positions in EYE. Crossmark Global Holdings Inc. lifted its stake in National Vision by 4.0% in the fourth quarter. Crossmark Global Holdings Inc. now owns 28,676 shares of the company’s stock valued at $298,000 after acquiring an additional 1,100 shares during the last quarter. GSA Capital Partners LLP grew its holdings in National Vision by 6.3% during the third quarter. GSA Capital Partners LLP now owns 21,404 shares of the company’s stock worth $234,000 after purchasing an additional 1,273 shares during the period. KBC Group NV increased its position in National Vision by 64.6% during the third quarter. KBC Group NV now owns 3,291 shares of the company’s stock worth $36,000 after buying an additional 1,292 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in National Vision by 6.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 22,470 shares of the company’s stock valued at $234,000 after buying an additional 1,298 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of National Vision by 3.2% during the 4th quarter. Wells Fargo & Company MN now owns 45,211 shares of the company’s stock worth $471,000 after acquiring an additional 1,394 shares during the period.

About National Vision

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America’s Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.