Asbury Automotive Group with ticker code (ABG) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 379 and 185 calculating the mean target price we have 249.14. Given that the stocks previous close was at 190.31 this would imply there is a potential upside of 30.9%. The 50 day MA is 175.26 and the 200 moving average now moves to 181.87. The company has a market capitalisation of $4,430m. Find out more information at: https://www.asburyauto.com
The potential market cap would be $5,800m based on the market concensus.
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, luding new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, luding 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, 2021, the company owned and operated 205 new vehicle franchises representing 31 brands of automobiles at 155 dealership locations; and 35 collision centers in the United States. Asbury Automotive Group was founded in 1996 and is headquartered in Duluth, Georgia.
