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Analysts’ Views on Auto Part Stocks in April 2018

John Parker
Analysts’ Views on Auto Part Stocks in April 2018

According to Reuters, of the analysts covering AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP) on April 11, 2018, ~44%, ~68%, and ~44% recommended “buy,” respectively, and 52%, 44%, and 32% recommended “hold.” Interestingly, 4% and 12% of analysts recommended “sell” for AZO and AAP, and there were no “sell” recommendations for O’Reilly.