Asbury Automotive Group Inc found using ticker (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 345 and 180 with a mean TP of 243.57. Now with the previous closing price of 185.32 this would indicate that there is a potential upside of 31.4%. The 50 day MA is 167.3 and the 200 moving average now moves to 182.83. The company has a market capitalisation of $4,311m. Company Website: https://www.asburyauto.com
The potential market cap would be $5,666m 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, 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.
