Breaking: Presbia PLC (NASDAQ:LENS) Buy Rating Maintained by Analysts at Jefferies Today; The Target is $10.0

December 7, 2017 - By Vivian Park

 Breaking: Presbia PLC (NASDAQ:LENS) Buy Rating Maintained by Analysts at Jefferies Today; The Target is $10.0

Investors sentiment decreased to 1.25 in Q2 2017. Its down 0.42, from 1.67 in 2017Q1. It dropped, as 1 investors sold Presbia PLC shares while 3 reduced holdings. 3 funds opened positions while 2 raised stakes. 2.82 million shares or 8.57% less from 3.08 million shares in 2017Q1 were reported.

Tower Research Cap Ltd Liability Corp (Trc) reported 300 shares. Moreover, Spark Investment Ltd has 0% invested in Presbia PLC (NASDAQ:LENS) for 14,700 shares. Deutsche Commercial Bank Ag, Germany-based fund reported 2,467 shares. Geode Mgmt Limited Liability Corp has invested 0% in Presbia PLC (NASDAQ:LENS). Blackrock Incorporated has 2,007 shares. Morgan Stanley holds 12 shares. Fmr Limited Company, a Massachusetts-based fund reported 2.57 million shares. Vanguard Group Inc has 62,982 shares for 0% of their portfolio. Jefferies Grp Incorporated Ltd Liability Corporation accumulated 154,838 shares or 0% of the stock.

Presbia PLC (NASDAQ:LENS) Rating Reaffirmed

Jefferies now has a $10.0 PT on shares of Presbia PLC (NASDAQ:LENS). The PT means a potential upside of 362.96 % from the last stock close price of Presbia PLC (NASDAQ:LENS). This rating was revealed to investors in analysts note on 5 October.

Investors sentiment decreased to 1.25 in Q2 2017. Its down 0.42, from 1.67 in 2017Q1. It dropped, as 1 investors sold Presbia PLC shares while 3 reduced holdings. 3 funds opened positions while 2 raised stakes. 2.82 million shares or 8.57% less from 3.08 million shares in 2017Q1 were reported.

Tower Research Cap Ltd Liability Corp (Trc) reported 300 shares. Moreover, Spark Investment Ltd has 0% invested in Presbia PLC (NASDAQ:LENS) for 14,700 shares. Deutsche Commercial Bank Ag, Germany-based fund reported 2,467 shares. Geode Mgmt Limited Liability Corp has invested 0% in Presbia PLC (NASDAQ:LENS). Blackrock Incorporated has 2,007 shares. Morgan Stanley holds 12 shares. Fmr Limited Company, a Massachusetts-based fund reported 2.57 million shares. Vanguard Group Inc has 62,982 shares for 0% of their portfolio. Jefferies Grp Incorporated Ltd Liability Corporation accumulated 154,838 shares or 0% of the stock.

Presbia PLC (NASDAQ:LENS) Ratings Coverage

Among 2 analysts covering Presbia (NASDAQ:LENS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Presbia has $14 highest and $10.0 lowest target. $12’s average target is 455.56% above currents $2.16 stock price. Presbia had 2 analyst reports since May 10, 2016 according to SRatingsIntel. Rodman & Renshaw initiated Presbia PLC (NASDAQ:LENS) on Tuesday, May 10 with “Buy” rating. The rating was maintained by Jefferies on Thursday, October 5 with “Buy”.

The stock decreased 12.20% or $0.3 during the last trading session, reaching $2.16. About 970 shares traded. Presbia PLC (NASDAQ:LENS) has declined 35.88% since December 7, 2016 and is downtrending. It has underperformed by 52.58% the S&P500.

Presbia PLC, an ophthalmic device company, develops and markets optical lens implants for treating presbyopia. The company has market cap of $36.98 million. The firm provides the refractive lens for patient surgeries, as well as accessories for procedures. It currently has negative earnings. It primarily operates in South Korea, Australia, the Netherlands, Ireland, and Canada.

More notable recent Presbia PLC (NASDAQ:LENS) news were published by: Seekingalpha.com which released: “IPO Preview: Presbia PLC” on January 29, 2015, also Seekingalpha.com with their article: “IPO For Presbia Looking A Bit Blurry” published on January 28, 2015, Quotes.Wsj.com published: “Presbia PLC” on February 18, 2011. More interesting news about Presbia PLC (NASDAQ:LENS) were released by: Businesswire.com and their article: “Presbia PLC Appoints Todd Cooper as President and CEO” published on January 12, 2015 as well as Businesswire.com‘s news article titled: “Presbia Acquires Comprehensive Patent Portfolio for the Presbia Flexivue …” with publication date: August 22, 2016.

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