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Pep Boys-Manny Moe & Jack (NYSE:PBY) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Monday. They currently have a $12.30 price target on the stock. Zacks‘s target price suggests a potential upside of 13.05% from the company’s current price.

Shares of Pep Boys-Manny Moe & Jack (NYSE:PBY) traded up 2.21% on Monday, hitting $11.12. The stock had a trading volume of 236,230 shares. Pep Boys-Manny Moe & Jack has a 52-week low of $9.72 and a 52-week high of $14.07. The stock’s 50-day moving average is $10.9 and its 200-day moving average is $11.38. The company has a market cap of $592.2 million and a P/E ratio of 126.51.

Pep Boys-Manny Moe & Jack (NYSE:PBY) last announced its earnings results on Monday, June 9th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.03. The company had revenue of $538.80 million for the quarter, compared to the consensus estimate of $542.14 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up .5% on a year-over-year basis. Analysts expect that Pep Boys-Manny Moe & Jack will post $0.43 EPS for the current fiscal year.

Separately, analysts at Benchmark Co. reiterated a “buy” rating on shares of Pep Boys-Manny Moe & Jack in a research note on Wednesday, June 11th. They now have a $13.00 price target on the stock, up previously from $12.00.

The Pep Boys-Manny, Moe & Jack is offering automotive service, tires, parts and accessories. The Company’s majority of its stores are in a Supercenter format (NYSE:PBY), which serves both do-it-for-me (DIFM), which includes service labor, installed merchandise and tires and do-it-yourself (DIY), customers with the service and merchandise offering.

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