Cleveland Research upgraded Advance Auto Parts, Inc. (NYSE:AAP) to Buy in a statement released earlier today.
- Updated: January 11, 2017
Boasting a price of $171.15, Advance Auto Parts, Inc. (NYSE:AAP) traded 0.67% higher on the day. With the last stock price close up 7.56% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.04% over the date range. Advance Auto Parts, Inc. has recorded a 50-day average of $171.72 and a two hundred day average of $159.04. Volume of trade was down over the average, with 503,363 shares of AAP changing hands under the typical 1,060,710
Cleveland Research has upgraded Advance Auto Parts, Inc. (NYSE:AAP) to Buy in a statement released on 01/11/2017.
With a total market value of $0, Advance Auto Parts, Inc. has price-earnings ratio of 28.03 with a one year low of $131.59 and a one year high of $177.83 .
A total of 16 equity analysts have released a research note on AAP. Four equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, thirteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $162.75.
Brief Synopsis About Advance Auto Parts, Inc. (NYSE:AAP)
Advance Auto Parts, Inc. provides automotive aftermarket parts in North America, serving do-it-for-me (commercial) and do-it-yourself (DIY), customers, as well as independently owned operators. 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. The Company also offers other miscellaneous offerings, including e-services. The Company operates approximately 5,170 total stores and over 120 branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands under the names Advance Auto Parts, Autopart International (AI), Carquest and Worldpac. The Company serves its commercial customers and DIY customers through various channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites.
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