Asbury Automotive Group Inc with ticker code (ABG) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 345 and 180 and has a mean target at 248.13. Now with the previous closing price of 167.37 this indicates there is a potential upside of 48.3%. The day 50 moving average is 171.09 and the 200 day MA is 187.47. The company has a market cap of $3,869m. Company Website: https://www.asburyauto.com
The potential market cap would be $5,735m 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.
