Monro Muffler Brake Inc (NASDAQ:MNRO) shares were up 0.76% on Tuesday when approximately 368,617.00 shares were traded, against the average daily trading volume of 251,555.00. Analysts at Credit Agricole recently upgraded the stock to Underperform from Buy. Monro Muffler Brake Inc (NASDAQ:MNRO) has a consensus buy rating, according to Zacks Investment Research. No analyst has rated the stock with a sell rating, 3 have assigned a hold rating, Zero says it’s a buy, and 2 have assigned a strong buy rating to the company.
Analysts have a consensus target price of $74.02 in the 12-month period. The price objective is 23.57% higher than the recent closing price of $59.90. The 52-week price range is $51.89-$73.22 and the company has a market capitalization of $1.93 billion.
Monro Muffler Brake, Inc. provides automotive undercar repair and tire services in the United States. The company offers a range of services on passenger cars, light trucks, and vans for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. It also provides other products and services comprising tires and routine maintenance services, including state inspections. The companys maintenance services comprise oil change, heating and cooling system flush and fill service, belt installation, fuel system service, and a transmission flush and fill service. In addition, it replaces and services batteries, starters, and alternators, as well as offers air conditioning services. The company operates its stores under the brand names of Monro Muffler Brake & Service, Tread Quarters Discount Tire, Mr. Tire, Autotire Car Care Center, Tire Warehouse, Tire Barn Warehouse, Ken Towerys Tire & Auto Care, The Tire Choice, and Car-X. As of March 26, 2016, it had 1,029 company-operated stores, 135 franchised locations, and 14 dealer-operated automotive repair centers located in the northeastern and midwestern regions of the United States. Monro Muffler Brake, Inc. was founded in 1957 and is headquartered in Rochester, New York.