AutoZone, Inc. (NYSE:AZO) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: January 11, 2017
Having a price of $793.33, AutoZone, Inc. (NYSE:AZO) traded 0.38% higher on the day. With the last close up 2.36% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.04% over the same period. AZO has recorded a 50-day average of $794.35 and a two hundred day average of $775.03. Volume of trade was down over the average, with 114,248 shares of AZO changing hands under the typical 291,590
Zacks Investment Research has downgraded AutoZone, Inc. (NYSE:AZO) to Hold in a statement released on 01/11/2017.
On 01/10/2017, Zacks Investment Research released a statement on AutoZone, Inc. (NYSE:AZO) upped the target price from $0.00 to $885.00 that suggested an upside of 0.12%.
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AutoZone, Inc. has a one year low of $681.01 and a one year high of $819.54 with a PE ratio of 18.96 AutoZone, Inc.’s market capitalization is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 19 brokers have issued a research note on the company. The average stock price target is $854.42 with 8 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 13 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On AutoZone, Inc. (NYSE:AZO)
Autozone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of August 27, 2016, the Company operated through 5,814 locations in the United States, Puerto Rico, Mexico and Brazil. The Company's stores carry product lines for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. The Company's other operating segments include ALLDATA, which produces, sells and maintains diagnostic and repair information software used in the automotive repair industry; E-commerce, which includes direct sales to customers through www.autozone.com, and AutoAnything, which includes direct sales to customers through www.autoanything.com.
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