OReilly Automotive (ORLY) Receives Price Target

OReilly Automotive (ORLY) : The most positive equity analysts on OReilly Automotive (ORLY) expects the shares to touch $336, whereas, the least positive believes that the stock will trade at $266 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $310.92 with an expected fluctuation of $21.22 from the mean.

OReilly Automotive (ORLY) : 12 brokerage houses believe that OReilly Automotive (ORLY) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on OReilly Automotive (ORLY). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 16 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.41.


Also, Susquehanna initiates coverage on OReilly Automotive (NASDAQ:ORLY) The brokerage firm has issued a Positive rating on the shares. The Analysts at the ratings agency announces the price target to $343 per share. The rating by the firm was issued on August 25, 2016.

OReilly Automotive (NASDAQ:ORLY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $280.70 and $280.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $283.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $282.13, notching a gain of 0.78% for the day. The total traded volume was 526,130 . The stock had closed at $279.95 on the previous day.

OReilly Automotive, Inc. (OReilly) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Companys stores carry a product line, including new and remanufactured automotive hard parts, maintenance items and various automotive accessories. As of December 31, 2014, the Company owned and operated 4,366 stores in 43 states, servicing both the do-it-yourself (DIY) customers and the professional service providers. OReillys stores offer new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, 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.

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