Analysts take a look at AutoZone, Inc. (NYSE:AZO) having this to say.

AutoZone, Inc. (NYSE:AZO) Logo
Investors sentiment decreased to 0.97 in Q2 2019. Its down 0.10, from 1.07 in 2019Q1. It turned negative, as 30 investors sold AutoZone, Inc. shares while 203 reduced holdings. 61 funds opened positions while 165 raised stakes. 22.18 million shares or 2.62% less from 22.77 million shares in 2019Q1 were reported.
Guardian Life Of America, New York-based fund reported 72 shares. Merian Glob (Uk) Limited holds 16,442 shares. Elm Advisors Ltd Liability holds 0.16% of its portfolio in AutoZone, Inc. (NYSE:AZO) for 210 shares. Moreover, Convergence Inv Prtn Ltd has 0.12% invested in AutoZone, Inc. (NYSE:AZO). First Tru Advsrs Limited Partnership owns 24,561 shares for 0.05% of their portfolio. Creative Planning reported 0.01% of its portfolio in AutoZone, Inc. (NYSE:AZO). Moreover, Prudential has 0.04% invested in AutoZone, Inc. (NYSE:AZO). Moreover, Dakota Wealth Mngmt has 0.1% invested in AutoZone, Inc. (NYSE:AZO). Leuthold Ltd Liability, Minnesota-based fund reported 4,597 shares. The Germany-based Dekabank Deutsche Girozentrale has invested 0.04% in AutoZone, Inc. (NYSE:AZO). Aviva Plc accumulated 9,227 shares. Gulf Financial Bank (Uk) has 0.11% invested in AutoZone, Inc. (NYSE:AZO) for 6,086 shares. San Francisco Sentry Gp (Ca) owns 0.02% invested in AutoZone, Inc. (NYSE:AZO) for 46 shares. Norinchukin Fincl Bank The invested 0.06% of its portfolio in AutoZone, Inc. (NYSE:AZO). Canada Pension Plan Board reported 31,631 shares.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 4 analysts covering AutoZone (NYSE:AZO), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. AutoZone has $1250 highest and $103000 lowest target. $1113.20’s average target is -3.14% below currents $1149.26 stock price. AutoZone had 10 analyst reports since March 20, 2019 according to SRatingsIntel. The stock of AutoZone, Inc. (NYSE:AZO) earned “Equal-Weight” rating by Morgan Stanley on Friday, March 29. Citigroup maintained the stock with “Buy” rating in Monday, April 1 report. Wells Fargo maintained AutoZone, Inc. (NYSE:AZO) rating on Friday, June 21. Wells Fargo has “Buy” rating and $1250 target. Below is a list of AutoZone, Inc. (NYSE:AZO) latest ratings and price target changes.

11/07/2019 Broker: Inc. Common Stock Rating: Goldman Sachs 1183.0000
28/06/2019 Broker: Inc. Common Stock Rating: Oppenheimer
21/06/2019 Broker: Wells Fargo Rating: Buy New Target: $1250 Maintain
22/05/2019 Broker: Inc. Common Stock Rating: Wedbush New Target: $1030.0000 1100.0000
17/05/2019 Broker: BidaskScore Rating: Hold Downgrade
23/04/2019 Broker: BidaskScore Rating: Buy Downgrade
01/04/2019 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $1075 New Target: $1206 Maintain
29/03/2019 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $980 New Target: $1050 Maintain
28/03/2019 Broker: BidaskScore Rating: Buy Upgrade
20/03/2019 Broker: Evercore Rating: In-Line New Target: $1030 Initiates Coverage On

The stock increased 1.79% or $20.19 during the last trading session, reaching $1149.26. About 174,659 shares traded. AutoZone, Inc. (NYSE:AZO) has risen 60.79% since September 13, 2018 and is uptrending. It has outperformed by 60.79% the S&P500.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company has market cap of $28.19 billion. It offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. It has a 20.48 P/E ratio. The firm also provides A/C compressors, batteries and accessories, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, thermostats, starters and alternators, and water pumps.

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Fool.com which released: “3 Ideas to Make Your Portfolio Recession-Resistant – The Motley Fool” on September 10, 2019, also Globenewswire.com with their article: “AutoZone Authorizes Additional Stock Repurchase NYSE:AZO – GlobeNewswire” published on March 20, 2019, Fool.com published: “3 Stocks to Own If You’re Worried About a Recession – Motley Fool” on August 29, 2019. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Finance.Yahoo.com and their article: “Did Business Growth Power AutoZone’s (NYSE:AZO) Share Price Gain of 109%? – Yahoo Finance” published on June 12, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Can We Make Of AutoZone, Inc.’s (NYSE:AZO) High Return On Capital? – Yahoo Finance” with publication date: August 27, 2019.

AutoZone, Inc. (NYSE:AZO) Institutional Positions Chart

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