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Shares of Advance Auto Parts (NYSE:AAP) have received an average recommendation of “Buy” from the eighteen analysts that are currently covering the company, AnalystRatings.NET reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, eight have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $133.83.

Advance Auto Parts (NYSE:AAP) traded up 0.62% on Friday, hitting $122.61. The stock had a trading volume of 81,922 shares. Advance Auto Parts has a 52 week low of $78.91 and a 52 week high of $136.12. The stock’s 50-day moving average is $129.0 and its 200-day moving average is $124.4. The company has a market cap of $8.934 billion and a P/E ratio of 21.46.

Advance Auto Parts (NYSE:AAP) last issued its quarterly earnings data on Thursday, May 15th. The company reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.09. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.96 billion. Analysts expect that Advance Auto Parts will post $7.57 EPS for the current fiscal year.

AAP has been the subject of a number of recent research reports. Analysts at Zacks reiterated an “outperform” rating on shares of Advance Auto Parts in a research note on Thursday. They now have a $148.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Advance Auto Parts in a research note on Friday, June 27th. They now have a $143.00 price target on the stock, up previously from $140.00. Finally, analysts at Raymond James reiterated a “strong-buy” rating on shares of Advance Auto Parts in a research note on Thursday, June 26th. They now have a $150.00 price target on the stock, up previously from $145.00.

Advance Auto Parts, Inc (NYSE:AAP) is a specialty retailer of automotive aftermarket parts, accessories, batteries and maintenance items primarily operating within the United States.

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