O’Reilly Automotive Downgraded by Deutsche Bank to “Hold” (ORLY)

O’Reilly Automotive (NASDAQ: ORLY) was downgraded by research analysts at Deutsche Bank (NYSE: DB) from a “buy” rating to a “hold” rating in a report issued on Friday. They currently have a $91.00 price target on the stock.

Separately, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of O’Reilly Automotive in a research note to investors on Wednesday, February 1st. They now have a $86.00 price target on the stock. Analysts at Piper Jaffray (NYSE: PJC) initiated coverage on shares of O’Reilly Automotive in a research note to investors on Friday, December 16th. They set an “overweight” rating on the stock. Also, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of O’Reilly Automotive from $80.00 to $100.00 in a research note to investors on Monday, December 5th. They now have an “overweight” rating on the stock.

O’Reilly Automotive, Inc. and its subsidiaries (collectively O’Reilly) are specialty retailers 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. Its stores offer products, including new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, chassis parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories. Its stores offer services, including used oil and battery recycling, battery diagnostic testing, electrical and module testing, loaner tool program, drum and rotor resurfacing, custom hydraulic hoses, and machine shops.

Shares of O’Reilly Automotive traded down 1.11% during mid-day trading on Friday, hitting $83.40. O’Reilly Automotive has a one year low of $53.33 and a one year high of $85.32. The stock’s 50-day moving average is $81.7 and its 200-day moving average is $72.71. The company has a market cap of $10.703 billion and a P/E ratio of 24.28.

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Posted by Web Inquirer Staff on 10 Feb 2012. Filed under Markets. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.