.jpg)
In a report released today, Zachary Fadem from Wells Fargo maintained a Buy rating on O’Reilly Auto (ORLY), with a price target of $435. The company’s shares closed yesterday at $399.64, close to its 52-week high of $414.63.
According to TipRanks.com, Fadem is a 4-star analyst with an average return of 10.3% and a 66.7% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Advance Auto Parts.
O’Reilly Auto has an analyst consensus of Moderate Buy, with a price target consensus of $419.83, which is a 5.1% upside from current levels. In a report issued on July 11, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $440 price target.
See today’s analyst top recommended stocks >>
Based on O’Reilly Auto’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $321 million. In comparison, last year the company had a net profit of $353 million.
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.
O’Reilly Automotive, Inc. owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers.
