Barclays Boosts National Vision (NASDAQ:EYE) Price Target to $32.00

National Vision (NASDAQ:EYE) had its price target lifted by stock analysts at Barclays from $30.00 to $32.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price target indicates a potential upside of 20.17% from the company’s current price.

Several other analysts have also recently commented on the stock. Guggenheim raised shares of National Vision to a “strong-buy” rating in a research note on Wednesday, December 10th. Morgan Stanley raised their price objective on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. National Bank Financial set a $32.00 target price on National Vision in a research note on Tuesday, December 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of National Vision in a research report on Thursday, January 22nd. Finally, UBS Group lowered their price target on National Vision from $41.00 to $39.00 and set a “buy” rating for the company in a report on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.17.

National Vision Stock Performance

EYE opened at $26.63 on Monday. National Vision has a 1-year low of $10.45 and a 1-year high of $30.02. The stock has a market cap of $2.11 billion, a P/E ratio of -887.37, a P/E/G ratio of 1.53 and a beta of 1.38. The stock’s 50 day simple moving average is $27.19 and its 200 day simple moving average is $26.52. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.53 and a quick ratio of 0.32.

Institutional Investors Weigh In On National Vision

Large investors have recently made changes to their positions in the company. Asset Management One Co. Ltd. bought a new position in shares of National Vision in the 3rd quarter valued at approximately $4,090,000. Allianz Asset Management GmbH bought a new stake in National Vision during the third quarter worth approximately $8,390,000. Public Sector Pension Investment Board grew its holdings in National Vision by 14.6% during the third quarter. Public Sector Pension Investment Board now owns 308,942 shares of the company’s stock valued at $9,018,000 after purchasing an additional 39,394 shares during the last quarter. Jupiter Asset Management Ltd. raised its position in shares of National Vision by 4,726.8% in the third quarter. Jupiter Asset Management Ltd. now owns 977,525 shares of the company’s stock valued at $28,534,000 after purchasing an additional 957,273 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of National Vision in the third quarter valued at approximately $747,000.

National Vision Company Profile

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.