Asbury Automotive Group Inc with ticker code (ABG) now have 6 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 370 and 185 calculating the mean target price we have 245.83. Given that the stocks previous close was at 179.66 this would indicate that there is a potential upside of 36.8%. The day 50 moving average is 174.4 and the 200 moving average now moves to 180.11. The market cap for the company is $4,249m. Company Website: https://www.asburyauto.com
The potential market cap would be $5,814m 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.
