Advance Auto Parts Inc. (AAP) has received mixed ratings from analysts. Nineteen research firms have covered the company, with two analysts giving a sell rating, sixteen assigning a hold rating, and one assigning a buy rating. The average one-year target price among these analysts is $68.88. Some equities research analysts have commented on AAP shares, with Bank of America downgrading the stock from a 'neutral' rating to an 'underperform' rating and dropping their price target from $60.00 to $43.00. Barclays, on the other hand, increased their price target from $56.00 to $66.00 and gave the company an 'equal weight' rating. The Goldman Sachs Group dropped their price target from $83.00 to $73.00 and set a 'neutral' rating. TheStreet raised their rating from a 'd+' to a 'c-' rating. Truist Financial increased their price target from $53.00 to $60.00 and gave the stock a 'hold' rating.
These mixed ratings indicate varying opinions on the future performance of Advance Auto Parts Inc. It is important for investors to consider multiple perspectives and conduct thorough research before making investment decisions.
In other news, AAC Technologies (OTCMKTS:AACAY) reached a new 52-week high during mid-day trading on Friday, hitting $3.14. The stock had a volume of 16695 shares traded. The company has a current ratio of 1.96, a quick ratio of 1.55, and a debt-to-equity ratio of 0.36. AAC Technologies has a market capitalization of $3.74 billion and a P/E ratio of 28.38. The company operates through Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, Sensor and Semiconductor Products, and other products segments. The stock's fifty-day moving average price is $2.47 and its 200-day moving average price is $2.29.
These updates provide insights into the mixed analyst ratings for Advance Auto Parts Inc. and the new 12-month high for AAC Technologies. Investors should consider these factors when making investment decisions.
Carrols Restaurant Group (NASDAQ:TAST) has been covered by analysts at StockNews.com. The firm issued a 'buy' rating on the stock. Other brokerages have also weighed in on TAST, with three rating it as 'hold' and one giving it a 'buy' rating. The average target price for the stock is $8.87. Carrols Restaurant Group operates restaurants in the US under the Burger King and Popeyes brands. The company has a market capitalization of $545.68 million and a price-to-earnings ratio of 18.29. It has a 50-day moving average of $9.45 and a 200-day moving average of $7.86. The stock has a 52-week low of $2.16 and a 52-week high of $9.54.