Advance Auto Parts Inc. – Consensus Indicates Potential 6.8% Upside

Broker Ratings
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Advance Auto Parts Inc. with ticker code (AAP) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 210 and 120 with the average target price sitting at 165.72. With the stocks previous close at 155.24 this would imply there is a potential upside of 6.8%. There is a 50 day moving average of 148.24 and the 200 moving average now moves to 175.22. The company has a market capitalisation of $9,017m. Find out more information at: https://www.advanceautoparts.com

The potential market cap would be $9,625m based on the market concensus.

Advance Auto Parts provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning and checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its website. It serves professional installers and do-it-yourself customers. The company operates stores under the Advance Auto Parts, Autopart International, and Carquest brands, as well as branches under the Worldpac name. The company was founded in 1929 and is based in Raleigh, North Carolina.

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