In a report issued on July 9, Ben Bienvenu from Stephens reiterated a Hold rating on Advance Auto Parts (NYSE: AAP), with a price target of $130. The company’s shares closed yesterday at $139.34, close to its 52-week high of $143.42.
According to TipRanks.com, Bienvenu is a 1-star analyst with an average return of -2.0% and a 46.3% success rate. Bienvenu covers the Services sector, focusing on stocks such as Crossamerica Partners, United Natural Foods, and Tractor Supply.
Currently, the analyst consensus on Advance Auto Parts is a Strong Buy with an average price target of $149.13.
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Advance Auto Parts’ market cap is currently $10.32B and has a P/E ratio of 20.49. The company has a Price to Book ratio of 2.91.
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Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for professional installers, do-it-yourself customers, and independently owned operators. It offers automotive parts and batteries, accessories and chemicals, and engine maintenance.
