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National Vision Holdings (EYE) Receives a Buy from Wells Fargo

Wells Fargo analyst Zachary Fadem maintained a Buy rating on National Vision Holdings (EYEResearch Report) today and set a price target of $50.00. The company’s shares closed last Monday at $37.46, close to its 52-week low of $34.70.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 20.1% and a 64.3% success rate. Fadem covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, Floor & Decor Holdings, and Advance Auto Parts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for National Vision Holdings with a $56.80 average price target, a 54.5% upside from current levels. In a report issued on February 24, Guggenheim also maintained a Buy rating on the stock with a $55.00 price target.

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The company has a one-year high of $65.92 and a one-year low of $34.70. Currently, National Vision Holdings has an average volume of 819.2K.

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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. The Legacy segment involves in the operation of inventory and laboratory processing services to vision centers in Walmart retail locations. The company was founded in 1990 and is headquartered in Duluth, GA.

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