Essilor International (EPA:EI) Stock Upgrade
In analysts note shared with investors and clients on Thursday morning, Jefferies & Company Inc. boosted the shares of Essilor International (EPA:EI) to a respectable Buy rating. They currently have a EUR 136.00 target price on the stock. This target price may mean a possible upside of 18.52% from the close price of Essilor International (EPA:EI) shares.
From a total of 5 analysts covering Essilor International (EPA:EI) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 40% of the ratings are positive. The highest target price is €135 while the lowest target price is €79. The mean of all analyst targets is €116 with a 0.96% above today’s (€114.9) stock price. Essilor International was the topic of 8 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Morgan Stanley upgraded shares on December 8 to “Equal-Weight” rating. Morgan Stanley downgraded shares to “Underweight” rating and €104 target share price in a report from an October 22. JP Morgan maintained EI stock in a recent report from October 23 with “Neutral” rating. Finally, Societe Generale downgraded the stock to “Buy” rating in a report issued on a July 31.
The stock closed the day at EUR 114.9 during the previous session. It is down 0.00% since May 20, 2015 and is . It has outperformed by 2.62% the S&P500.
Essilor International SA is an ophthalmic optics company. The company has a market cap of 24.17 billion EUR. The Firm also develops and markets equipment for prescription laboratories, and instruments and services for eye care professionals. It has 40.14 P/E ratio. The Firm operates through three divisions: Lenses and Optical Instruments, Equipment and Sunglasses & Readers.