In a report released today, Zachary Fadem from Wells Fargo maintained a Hold rating on Monro Muffler (MNRO – Research Report), with a price target of $26.00. The company’s shares closed yesterday at $28.31.
Fadem covers the Consumer Cyclical sector, focusing on stocks such as O’Reilly Auto, Best Buy Co, and Domino’s Pizza. According to TipRanks, Fadem has an average return of 13.5% and a 64.24% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Monro Muffler with a $27.00 average price target.
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Based on Monro Muffler’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $322.09 million and a net profit of $12.87 million. In comparison, last year the company earned a revenue of $329.82 million and had a net profit of $13.12 million
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Monro Muffler (MNRO) Company Description:
Monro, Inc. engages in the operation of chain stores that provides automotive undercar repair and tire services. The company offers services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance services and certain locations specialize in providing commercial tire and maintenance services. It operates under the brand names:Monro Auto Service & Tire Centers; Tread Quarters Discount Tire Auto Service Centers; Mr. Tire Auto Service Centers; Autotire Car Care Centers; Tire Warehouse Tires for Less; Tire Barn Warehouse; Ken Towery’s Tire & Auto Care; Tire Choice Auto Service Centers; FreeService Tire and Car-X Tire & Auto. The company was founded by Charles J. August in 1957 and is headquartered in Rochester, NY.
