Monro Muffler Brake (NASDAQ:MNRO) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.

Several other research analysts also recently weighed in on the company. BidaskClub raised Monro Muffler Brake from a “hold” rating to a “buy” rating in a research note on Friday, April 27th. Zacks Investment Research raised Monro Muffler Brake from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a research note on Friday, April 20th. Guggenheim assumed coverage on Monro Muffler Brake in a research note on Tuesday, April 17th. They set a “buy” rating and a $67.00 target price for the company. Finally, SunTrust Banks assumed coverage on Monro Muffler Brake in a research note on Thursday, March 22nd. They set a “hold” rating and a $55.00 target price for the company. Eight research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $61.75.

Shares of Monro Muffler Brake opened at $56.65 on Tuesday, Marketbeat Ratings reports. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.06 and a quick ratio of 0.33. The company has a market cap of $1.81 billion, a PE ratio of 30.62, a price-to-earnings-growth ratio of 1.72 and a beta of 0.61. Monro Muffler Brake has a 1-year low of $56.20 and a 1-year high of $57.40.

In related news, insider Maureen Mulholland sold 3,000 shares of the stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $51.00, for a total value of $153,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.20% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of MNRO. CWM LLC acquired a new position in Monro Muffler Brake in the 4th quarter valued at $12,802,000. Bank of Montreal Can grew its holdings in Monro Muffler Brake by 25.0% in the 4th quarter. Bank of Montreal Can now owns 265,928 shares of the auto parts company’s stock valued at $15,144,000 after buying an additional 53,167 shares in the last quarter. Wasatch Advisors Inc. grew its holdings in Monro Muffler Brake by 13.6% in the 4th quarter. Wasatch Advisors Inc. now owns 3,290,061 shares of the auto parts company’s stock valued at $187,369,000 after buying an additional 394,585 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in Monro Muffler Brake by 5.3% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 212,144 shares of the auto parts company’s stock valued at $12,082,000 after buying an additional 10,661 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Monro Muffler Brake in the 4th quarter valued at $404,000.

Monro Muffler Brake Company Profile

Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. The company offers 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, including tires and routine maintenance services, including state inspections.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Monro Muffler Brake (NASDAQ:MNRO)

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