National Vision (NASDAQ:EYE) Given New $13.00 Price Target at Wells Fargo & Company

National Vision (NASDAQ:EYE - Free Report) had its price objective upped by Wells Fargo & Company from $12.00 to $13.00 in a report published on Thursday,Benzinga reports. They currently have an equal weight rating on the stock.

Separately, Morgan Stanley cut their price objective on shares of National Vision from $14.00 to $13.00 and set an "equal weight" rating for the company in a report on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $14.20.

National Vision Stock Performance

Shares of EYE traded down $0.05 during midday trading on Thursday, reaching $12.66. 1,873,694 shares of the stock were exchanged, compared to its average volume of 1,458,447. The stock's 50 day simple moving average is $11.33 and its 200 day simple moving average is $11.01. The company has a market cap of $996.98 million, a P/E ratio of -63.30, a PEG ratio of 3.27 and a beta of 1.44. National Vision has a twelve month low of $9.56 and a twelve month high of $24.11. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30.

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Hedge Funds Weigh In On National Vision

Several hedge funds and other institutional investors have recently made changes to their positions in the company. KBC Group NV increased its stake in National Vision by 64.6% in the third quarter. KBC Group NV now owns 3,291 shares of the company's stock valued at $36,000 after acquiring an additional 1,292 shares during the last quarter. Quarry LP acquired a new stake in shares of National Vision in the 3rd quarter valued at $43,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of National Vision in the 3rd quarter valued at $45,000. GAMMA Investing LLC raised its holdings in shares of National Vision by 309.2% during the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock worth $51,000 after buying an additional 3,707 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of National Vision by 87.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock worth $73,000 after buying an additional 3,291 shares during the last quarter.

National Vision Company Profile

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.