Dolby Laboratories, Inc. (DLB) is currently trading at $53.49 with a Wall Street consensus price target of $78.33, implying potential upside of 46.4% over the next 12 months. 3 analysts currently cover DLB, with a consensus rating of Buy — 75% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $90.0, while the most cautious has a target of $60.0.
DLB operates in the Industrials sector with a market capitalisation of $5B. The stock is down 14.8% year-to-date and is currently trading near the lower end of its 52-week range of $50.73 – $77.0.
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