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BTIG covered Advance Auto (NYSE:AAP), scaling down its target to $109.00 today

Having a price of $120.11, Advance Auto (NYSE:AAP) traded 3.03% higher on the day. With the last close down -23.81% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. AAP has recorded a 50-day average of $101.25 and a two hundred day average of $127.66. Trade Volume was up over the average, with 2,286,783 shares of AAP changing hands over the typical 2,169,790

Advance Auto (NYSE:AAP) had its target price reduced to $109.00 by BTIG in a report issued Thursday June 22, 2017. The updated target suggests a potential downside of -0.09% from the company's previous close.

Recent Performance Chart

Advance Auto (NYSE:AAP)

Advance Auto has PE ratio of 19.42 with a one year low of $82.21 and a one year high of $177.83 and has a market capitalization of $0.

A total of 16 analysts have released a report on Advance Auto. Four analysts rating the company a strong buy, seven analysts rating the company a buy, thirteen analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $162.75.

General Company Details For Advance Auto (NYSE:AAP)

Advance Auto Parts, Inc. provides automotive aftermarket parts in North America, serving do-it-for-me (Professional) and do-it-yourself (DIY), customers. The Company's stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. It serves through various channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites. As of December 31, 2016, it operated 5,062 total stores and 127 branches primarily under the trade names Advance Auto Parts, Autopart International, Carquest and Worldpac. As of December 31, 2016, its Advance Auto Parts operations consisted of three geographic divisions, which included the operations of the stores operating under the Advance Auto Parts, Carquest and Autopart International trade names.

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