RBC Capital analyst Scot Ciccarelli maintained a Hold rating on Autozone on Wednesday, setting a price target of $1596, which is approximately 6.69% above the present share price of $1495.88.
Ciccarelli expects Autozone to post earnings per share (EPS) of $15.27 for the second quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in AutoZone (NYSE:AZO), with an average price target of $1609.55.
The analysts price targets range from a high of $1700 to a low of $1390.
In its latest earnings report, released on 02/28/2021, the company reported a quarterly revenue of $2.91 billion and a net profit of $481.77 million. The company's market cap is $32.96 billion.
According to TipRanks.com, RBC Capital analyst Scot Ciccarelli is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.9% and a 75.19% success rate.
Incorporated in 1979, Tennessee-based AutoZone, Inc. retails and distributes automotive replacement parts and accessories.