Shares of Advance Auto Parts Inc W/I (NYSE:AAP) traded at a new 52-week high today of $210.64. So far today approximately 118,000 shares have been exchanged, as compared to an average 30-day volume of 857,000 shares.
Based on a current price of $209.94, Advance Auto Parts Inc W/I is currently 25.2% above its average consensus analyst price target of $157.08.
Advance Auto Parts is one of the industry’s largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,976 stores as of the end of 2020, in addition to servicing 1,277 independently owned Carquest stores. The company’s Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 57% of its 2020 sales from commercial clients, up from 30%-40% before the General Parts deal.
In the past 52 weeks, Advance Auto Parts Inc W/I share prices are bracketed by a low of $131.90 and a high of $210.64 and is now at $209.94, 59% above that low price.
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