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Bank of America (Merrill Lynch) downgraded Autozone Inc. (NYSE:AZO) from Buy to Neutral in a report released today.

Having a price of $499.72, Autozone Inc. (NYSE:AZO) traded 1.60% higher on the day. With the last close down -17.88% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. AZO has recorded a 50-day average of $528.38 and a two hundred day average of $650.21. Trade Volume was down over the average, with 373,200 shares of AZO changing hands under the typical 596,614

Bank of America (Merrill Lynch) has downgraded Autozone Inc. (NYSE:AZO) from Buy to Neutral in a statement released on Friday July 07, 2017.

On Thursday July 06, 2017, RBC Capital Markets released a statement on Autozone Inc. (NYSE:AZO) dropped the target price from $653.00 to $577.00 that suggested an upside of 0.13%.

Recent Performance Chart

Autozone Inc. (NYSE:AZO)

Autozone Inc. has PE ratio of 12.33 with a one year low of $491.13 and a one year high of $813.70 and has a market capitalization of $0.

A total of 19 brokerages have issued a research note on the stock. 8 firms rating the stock a strong buy, 4 brokers rating the stock a buy, thirteen equity analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $854.42.

More About 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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