Asbury Automotive Group Inc – Consensus Indicates Potential 17.5% Upside

Broker Ratings

Asbury Automotive Group Inc with ticker code (ABG) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 294 and 196 with a mean TP of 227.14. Now with the previous closing price of 193.35 this is indicating there is a potential upside of 17.5%. The day 50 moving average is 202.95 and the 200 day moving average is 166.98. The market cap for the company is $3,816m. Company Website: http://www.asburyauto.com

Asbury Automotive Group, together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and credit life and disability insurance. As of December 31, 2020, the company owned and operated 112 new vehicle franchises representing 31 brands of automobiles at 91 dealership locations; and 25 collision centers in the United States. Asbury Automotive Group was founded in 1996 and is headquartered in Duluth, Georgia.

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