This is what analysts have to say about AutoZone, Inc. (NYSE:AZO) after last week.

May 22, 2018 - By Vivian Currie

AutoZone, Inc. (NYSE:AZO) LogoInvestors sentiment decreased to 0.85 in 2017 Q4. Its down 0.20, from 1.05 in 2017Q3. It turned negative, as 37 investors sold AutoZone, Inc. shares while 200 reduced holdings. 86 funds opened positions while 116 raised stakes. 25.09 million shares or 5.64% less from 26.58 million shares in 2017Q3 were reported.
Bnp Paribas Asset Mngmt stated it has 0.05% in AutoZone, Inc. (NYSE:AZO). Coastline Trust has invested 0.24% of its portfolio in AutoZone, Inc. (NYSE:AZO). Creative Planning has invested 0.01% in AutoZone, Inc. (NYSE:AZO). First Trust Advsr L P has 16,515 shares. Captrust Fin Advsr owns 2 shares for 0% of their portfolio. Federated Investors Inc Pa reported 0.07% in AutoZone, Inc. (NYSE:AZO). Citigroup holds 11,548 shares or 0.01% of its portfolio. Gotham Asset Management Ltd Liability reported 39,197 shares. Norinchukin Bancorp The owns 3,211 shares. Endurance Wealth Mgmt Inc holds 140 shares. Scopus Asset Management Ltd Partnership holds 0.6% of its portfolio in AutoZone, Inc. (NYSE:AZO) for 90,000 shares. Texas Permanent School Fund holds 7,506 shares. Aviva Public Llc holds 0.06% of its portfolio in AutoZone, Inc. (NYSE:AZO) for 15,287 shares. 11,700 are owned by Factory Mutual Ins. Pnc Financial Svcs Group Inc has invested 0.01% of its portfolio in AutoZone, Inc. (NYSE:AZO).

Since January 3, 2018, it had 1 buying transaction, and 5 selling transactions for $12.56 million activity. The insider Griffith James C. sold $1.21M. 740 shares valued at $577,472 were sold by Daniele Philip B. on Friday, January 12. The insider BROOKS DOUGLAS H bought $98,413. Smith Richard Craig sold $2.05 million worth of stock.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 15 analysts covering AutoZone (NYSE:AZO), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. AutoZone has $875.0 highest and $66500 lowest target. $767.17’s average target is 15.35% above currents $665.09 stock price. AutoZone had 23 analyst reports since November 29, 2017 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $826.0 target in Monday, February 12 report. Goldman Sachs upgraded AutoZone, Inc. (NYSE:AZO) on Monday, May 7 to “Buy” rating. The rating was maintained by Jefferies on Wednesday, April 18 with “Hold”. The stock of AutoZone, Inc. (NYSE:AZO) has “Hold” rating given on Wednesday, December 6 by Jefferies. On Tuesday, February 27 the stock rating was maintained by BTIG Research with “Buy”. UBS maintained AutoZone, Inc. (NYSE:AZO) rating on Wednesday, November 29. UBS has “Buy” rating and $750 target. Citigroup maintained AutoZone, Inc. (NYSE:AZO) rating on Thursday, March 1. Citigroup has “Buy” rating and $790 target. Wedbush maintained the stock with “Hold” rating in Wednesday, February 28 report. RBC Capital Markets maintained the shares of AZO in report on Tuesday, December 5 with “Hold” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, February 28 report. Below is a list of AutoZone, Inc. (NYSE:AZO) latest ratings and price target changes.

07/05/2018 Broker: Goldman Sachs Rating: Buy New Target: $780.0000 Upgrade
25/04/2018 Broker: Argus Research Old Rating: Buy New Rating: Buy Old Target: $875 New Target: $850 Maintain
24/04/2018 Broker: Wells Fargo Rating: Outperform New Target: $700 Initiates Coverage On
18/04/2018 Broker: Jefferies Rating: Hold New Target: $665.0000 Maintain
17/04/2018 Broker: Guggenheim Rating: Hold Initiate
05/04/2018 Broker: Wedbush Old Rating: Neutral New Rating: Outperform Upgrade
28/02/2018 Broker: Stephens Rating: Hold New Target: $725.0 Maintain
01/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $820 New Target: $790 Maintain
28/02/2018 Broker: Wedbush Rating: Hold New Target: $670.0 Maintain
27/02/2018 Broker: BTIG Research Rating: Buy New Target: $825.0 Maintain

The stock increased 1.91% or $12.45 during the last trading session, reaching $665.09. About 481,743 shares traded or 18.98% up from the average. AutoZone, Inc. (NYSE:AZO) has declined 11.15% since May 22, 2017 and is downtrending. It has underperformed by 22.70% the S&P500.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company has market cap of $17.89 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 14.09 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: Benzinga.com which released: “Earnings Scheduled For May 22, 2018” on May 22, 2018, also Benzinga.com with their article: “Why Goldman Sachs Is Adding AutoZone, McDonald’s To Its Conviction List” published on May 07, 2018, Seekingalpha.com published: “AutoZone Earnings Preview” on May 22, 2018. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Benzinga.com and their article: “10 Stocks To Watch For May 22, 2018” published on May 22, 2018 as well as Globenewswire.com‘s news article titled: “AutoZone to Release Third Quarter Earnings May 22, 2018” with publication date: April 26, 2018.

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

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