Asbury Automotive Group Inc with ticker code (ABG) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 385 and 135 calculating the average target price we see 240. Given that the stocks previous close was at 188.42 this would indicate that there is a potential upside of 27.4%. The 50 day moving average now sits at 173.46 and the 200 day MA is 173.45. The market cap for the company is $4,120m. Company Website: https://www.asburyauto.com
The potential market cap would be $5,248m 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, 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, 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.
