It’s been a crucial week for AutoZone, Inc. (NYSE:AZO); here’s what analysts have to say.

AutoZone, Inc. (NYSE:AZO) Logo
Investors sentiment decreased to 0.97 in Q2 2019. Its down 0.10, from 1.07 in 2019Q1. It dropped, as 30 investors sold AutoZone, Inc. shares while 203 reduced holdings. 61 funds opened positions while 165 raised stakes. 22.18 million shares or 2.62% less from 22.77 million shares in 2019Q1 were reported.
Burgundy Asset Limited accumulated 144,396 shares. Moreover, Endurance Wealth Mngmt has 0.02% invested in AutoZone, Inc. (NYSE:AZO). Norinchukin National Bank & Trust The accumulated 3,473 shares. Price T Rowe Assocs Inc Md owns 113,214 shares. Nj State Employees Deferred Compensation Plan, a New Jersey-based fund reported 500 shares. Nordea Invest Mgmt Ab stated it has 0.8% of its portfolio in AutoZone, Inc. (NYSE:AZO). Coastline Tru Communication holds 1,720 shares. State Of Alaska Department Of Revenue holds 0.26% in AutoZone, Inc. (NYSE:AZO) or 13,810 shares. Arizona State Retirement System owns 9,221 shares for 0.12% of their portfolio. The Ontario – Canada-based Beutel Goodman And Company Limited has invested 0.33% in AutoZone, Inc. (NYSE:AZO). Marco Mgmt Ltd has 2,667 shares. 2,342 were reported by National Mutual Federation Of Agricultural Cooperatives. Services Automobile Association has invested 0.04% in AutoZone, Inc. (NYSE:AZO). Yorktown And Research Com holds 0.12% of its portfolio in AutoZone, Inc. (NYSE:AZO) for 300 shares. Bradley Foster & Sargent Ct has 0.03% invested in AutoZone, Inc. (NYSE:AZO) for 726 shares.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 4 analysts covering AutoZone (NYSE:AZO), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. AutoZone has $1250 highest and $103000 lowest target. $1113.20’s average target is -3.14% below currents $1149.26 stock price. AutoZone had 10 analyst reports since March 20, 2019 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, March 29. The firm has “Buy” rating by Citigroup given on Monday, April 1. The firm has “Buy” rating by Wells Fargo given on Friday, June 21. Below is a list of AutoZone, Inc. (NYSE:AZO) latest ratings and price target changes.

11/07/2019 Broker: Inc. Common Stock Rating: Goldman Sachs 1183.0000
28/06/2019 Broker: Inc. Common Stock Rating: Oppenheimer
21/06/2019 Broker: Wells Fargo Rating: Buy New Target: $1250 Maintain
22/05/2019 Broker: Inc. Common Stock Rating: Wedbush New Target: $1030.0000 1100.0000
17/05/2019 Broker: BidaskScore Rating: Hold Downgrade
23/04/2019 Broker: BidaskScore Rating: Buy Downgrade
01/04/2019 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $1075 New Target: $1206 Maintain
29/03/2019 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $980 New Target: $1050 Maintain
28/03/2019 Broker: BidaskScore Rating: Buy Upgrade
20/03/2019 Broker: Evercore Rating: In-Line New Target: $1030 Initiates Coverage On

The stock increased 1.79% or $20.19 during the last trading session, reaching $1149.26. About 174,659 shares traded. AutoZone, Inc. (NYSE:AZO) has risen 60.79% since September 13, 2018 and is uptrending. It has outperformed by 60.79% the S&P500.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company has market cap of $28.19 billion. It offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. It has a 20.48 P/E ratio. The firm also provides A/C compressors, batteries and accessories, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, thermostats, starters and alternators, and water pumps.

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Finance.Yahoo.com which released: “Did Business Growth Power AutoZone’s (NYSE:AZO) Share Price Gain of 109%? – Yahoo Finance” on June 12, 2019, also Fool.com with their article: “3 Ideas to Make Your Portfolio Recession-Resistant – The Motley Fool” published on September 10, 2019, Globenewswire.com published: “AutoZone Authorizes Additional Stock Repurchase NYSE:AZO – GlobeNewswire” on March 20, 2019. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Globenewswire.com and their article: “AutoZone to Release Fourth Quarter Earnings September 24, 2019 – GlobeNewswire” published on August 22, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Can We Make Of AutoZone, Inc.’s (NYSE:AZO) High Return On Capital? – Yahoo Finance” with publication date: August 27, 2019.

AutoZone, Inc. (NYSE:AZO) Institutional Positions Chart

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