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Equities researchers at JPMorgan Chase & Co. lifted their price target on shares of O’Reilly Automotive (NASDAQ:ORLY) from $126.00 to $144.00 in a research report issued on Friday, ARN reports. JPMorgan Chase & Co.’s price target would suggest a potential downside of 3.49% from the company’s current price.

Shares of O’Reilly Automotive (NASDAQ:ORLY) traded up 1.69% on Friday, hitting $149.20. The stock had a trading volume of 1,125,964 shares. O’Reilly Automotive has a 52 week low of $97.77 and a 52 week high of $149.99. The stock’s 50-day moving average is $132.6 and its 200-day moving average is $127.1. The company has a market cap of $16.013 billion and a P/E ratio of 25.45.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.32 by $0.08. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter last year, the company posted $1.14 earnings per share. O’Reilly Automotive’s revenue was up 8.9% compared to the same quarter last year. On average, analysts predict that O’Reilly Automotive will post $6.86 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on ORLY. Analysts at RBC Capital raised their price target on shares of O’Reilly Automotive from $145.00 to $163.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of O’Reilly Automotive in a research note to investors on Thursday. They now have a $141.00 price target on the stock. Finally, analysts at Northcoast Research upgraded shares of O’Reilly Automotive from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. O’Reilly Automotive presently has a consensus rating of “Hold” and a consensus target price of $138.31.

O’Reilly Automotive, Inc (NASDAQ:ORLY) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, selling its products to both do-it-yourself (DIY) customers and professional service providers.

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