The motoring group said it was not impacted “materially” by the outbreak though it has brought uncertainty on the market.
The car insurer and driving school has put safety measures in place, including home working, though the emergency contact centre in Oldbury remains open.
At the end of January, the group had £149mln in the bank and an available facility of £50mln.
For the year ending on 31 January, revenue rose 2% to £995mln while profit before tax rocketed 102% to £107mln.
House broker Liberum cut the target price to 50p from 130p though it said AA is “more resilient” to the crisis than most.
However, analysts identified "a variety of ways" in which the group could be affected, such as difficulty to keep existing customers and get new ones for the roadside business, while less traffic and fewer car sales could hit the business-to-business segment.
Driving school activity could also be reduced by heightened social distancing measures.
Shares advanced 6% to 17.54p on Tuesday morning.