Asbury Automotive Group Inc which can be found using ticker (ABG) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 320 and 128 calculating the mean target price we have $253.00. Given that the stocks previous close was at $203.93 and the analysts are correct then we can expect a percentage increase in value of 24.1%. It’s also worth noting that there is a 50 day moving average of $214.17 and the 200 moving average now moves to $184.69. The company has a market capitalization of $4,553m. Find out more information at: https://www.asburyauto.com
The potential market cap would be $5,649m based on the market consensus.
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 disability and accident insurance. Asbury Automotive Group was founded in 1996 and is based in Duluth, Georgia.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 4.64, revenue per share of 692.1 and a 9.93% return on assets.
