Credit Suisse analyst Seth Sigman upgraded Advance Auto Parts (AAP) to Buy yesterday and set a price target of $195. The company’s shares closed yesterday at $167.89.
According to TipRanks.com, Sigman is a 1-star analyst with an average return of -1.1% and a 48.8% success rate. Sigman covers the Services sector, focusing on stocks such as Wal-Mart Stores Inc, Michaels Companies, and Bed Bath & Beyond.
Currently, the analyst consensus on Advance Auto Parts is a Moderate Buy with an average price target of $196.90.
See today’s analyst top recommended stocks >>
Advance Auto Parts’ market cap is currently $12.24B and has a P/E ratio of 22.44. The company has a Price to Book ratio of 3.34.
Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage.
