Zacks: Analysts Set $11.63 Target Price for FORESIGHT AUTON/S (NASDAQ:FRSX)

FORESIGHT AUTON/S (NASDAQ:FRSX) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokers have set a 12 month consensus price objective of $11.63 for the company, according to Zacks. Zacks has also given FORESIGHT AUTON/S an industry rank of 96 out of 255 based on the ratings given to related companies.

FRSX has been the subject of several recent analyst reports. ValuEngine upgraded FORESIGHT AUTON/S from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd. Chardan Capital set a $7.00 target price on FORESIGHT AUTON/S and gave the stock a “buy” rating in a research note on Sunday, July 21st.

NASDAQ FRSX traded up $0.01 on Monday, hitting $1.41. 1,400 shares of the company’s stock were exchanged, compared to its average volume of 199,462. The stock has a 50-day moving average of $1.46 and a 200-day moving average of $1.41. FORESIGHT AUTON/S has a 52 week low of $0.70 and a 52 week high of $2.94.

FORESIGHT AUTON/S (NASDAQ:FRSX) last released its earnings results on Friday, August 9th. The company reported ($0.12) earnings per share for the quarter.

FORESIGHT AUTON/S Company Profile

Foresight Autonomous Holdings Ltd., a technology company, designs, develops, and commercializes stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry in Israel. It develops advanced driver assistance systems for accident prevention, which are designed to provide real-time information about a vehicle's surroundings while in motion.

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