Asbury Automotive Group Inc – Consensus Indicates Potential 45.6% Upside

Broker Ratings
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Asbury Automotive Group Inc found using ticker (ABG) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 345 and 180 calculating the average target price we see 238.75. Now with the previous closing price of 164.03 this would indicate that there is a potential upside of 45.6%. There is a 50 day moving average of 166.75 and the 200 day MA is 184.65. The market cap for the company is $3,533m. Visit the company website at: https://www.asburyauto.com

The potential market cap would be $5,143m 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.

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