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 dived, 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.
Ontario – Canada-based Cibc Ww Markets has invested 0.02% in AutoZone, Inc. (NYSE:AZO). The Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.01% in AutoZone, Inc. (NYSE:AZO). Focused Wealth Mngmt has 0.04% invested in AutoZone, Inc. (NYSE:AZO) for 120 shares. Gam Holdg Ag holds 0.54% of its portfolio in AutoZone, Inc. (NYSE:AZO) for 12,469 shares. Stratos Wealth Partners Limited holds 3,013 shares. 6,516 were reported by Sterling Capital Limited Liability Com. Hemenway Tru Communications Lc owns 425 shares. Moreover, Dean Inv Assocs Ltd Llc has 0.51% invested in AutoZone, Inc. (NYSE:AZO). Diversified, a Tennessee-based fund reported 2,967 shares. Cambridge Research Advisors owns 0.02% invested in AutoZone, Inc. (NYSE:AZO) for 1,883 shares. 74,195 are held by Beutel Goodman. Redwood Invs Limited reported 0.02% stake. Ajo L P reported 9,394 shares. Rafferty Asset Limited Liability Corporation stated it has 0.01% in AutoZone, Inc. (NYSE:AZO). Franklin Resources holds 0% or 6,942 shares.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 5 analysts covering AutoZone (NYSE:AZO), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. AutoZone has $136300 highest and $103000 lowest target. $1184.17’s average target is 3.91% above currents $1139.65 stock price. AutoZone had 15 analyst reports since May 17, 2019 according to SRatingsIntel. Morgan Stanley maintained AutoZone, Inc. (NYSE:AZO) on Wednesday, September 25 with “Equal-Weight” rating. As per Thursday, September 19, the company rating was maintained by Wedbush. The stock has “Buy” rating by Citigroup on Monday, October 21. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, September 25. Wells Fargo maintained the shares of AZO in report on Wednesday, September 18 with “Outperform” rating. Citigroup maintained the stock with “Buy” rating in Friday, September 13 report. The stock has “Buy” rating by Wells Fargo on Friday, June 21. Below is a list of AutoZone, Inc. (NYSE:AZO) latest ratings and price target changes.

25/10/2019 Broker: BidaskScore Rating: Sell Downgrade
21/10/2019 Broker: Citigroup Rating: Buy Old Target: $1357.0000 New Target: $1363.0000 Maintain
18/10/2019 Broker: BidaskScore Rating: Hold Upgrade
08/10/2019 Broker: Raymond James Rating: Outperform Maintain
05/10/2019 Broker: BidaskScore Rating: Sell Downgrade
25/09/2019 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $1050.0000 New Target: $1100.0000 Maintain
25/09/2019 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $1091.0000 New Target: $1097.0000 Maintain
19/09/2019 Broker: Wedbush Rating: Outperform Old Target: $1100.0000 New Target: $1240.0000 Maintain
18/09/2019 Broker: Wells Fargo Rating: Outperform Old Target: $1250.0000 New Target: $1275.0000 Maintain
13/09/2019 Broker: Citigroup Rating: Buy Old Target: $1234.0000 New Target: $1357.0000 Maintain

The stock decreased 1.44% or $16.64 during the last trading session, reaching $1139.65. About 80,280 shares traded. AutoZone, Inc. (NYSE:AZO) has risen 60.79% since November 4, 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 $27.16 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 17.97 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: Benzinga.com which released: “E-Commerce Automotive Market Is The Next Big Thing And The US Auto Parts Network Is The Player To Pay Attention On – Benzinga” on October 28, 2019, also Streetinsider.com with their article: “UPDATE: Raymond James Resumes AutoZone (AZO) at Outperform, Says ‘Retail Apocalypse ‘is Overstated – StreetInsider.com” published on October 07, 2019, Finance.Yahoo.com published: “Hedge Funds Are Dumping AutoZone, Inc. (AZO) – Yahoo Finance” on October 10, 2019. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Seekingalpha.com and their article: “AutoZone reloads buyback firepower – Seeking Alpha” published on October 09, 2019 as well as Seekingalpha.com‘s news article titled: “Wall Street Brunch – Seeking Alpha” with publication date: November 03, 2019.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.