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A report released today by Zacks Investment Research about Asbury Automotive Group, Inc. (NYSE:ABG) raises the target price to $62.00

Having a price of $55.09, Asbury Automotive Group, Inc. (NYSE:ABG) traded -0.11% lower on the day. With the last stock price down -2.15% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ABG has recorded a 50-day average of $54.48 and a two hundred day average of $56.30. Trade Volume was down over the average, with 145,191 shares of ABG changing hands under the typical 236,675

Asbury Automotive Group, Inc. (NYSE:ABG) had its price target upped to $62.00 by Zacks Investment Research in an issued report announced 9/27/2016. The updated stock price target indicates a possible upside of 0.13% based on the company's most recent stock price.

Recent Performance Chart

Asbury Automotive Group, Inc. (NYSE:ABG)

Asbury Automotive Group, Inc. has PE ratio of 8.40 with a one year low of $43.56 and a one year high of $87.63 and has a market capitalization of $0.

A total of 10 brokerages have issued a ratings update on Asbury Automotive Group, Inc.. Three brokerages rating the company a strong buy, three analysts rating the company a buy, four analysts rating the company a hold, one analyst rating the company a underperform, and finally zero brokers rating the stock a sell with a average stock price target of $78.40.

General Information About Asbury Automotive Group, Inc. (NYSE:ABG)

Asbury Automotive Group, Inc. is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles; used vehicles; parts and service, including vehicle repair and maintenance services, replacement parts, and collision repair services, and finance and insurance, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection (GAP) insurance, prepaid maintenance, and credit life and disability insurance. The Company owns and operates approximately 100 new vehicle franchises, representing over 30 brands of automobiles at over 80 dealership locations, and over 20 collision centers in the United States. The Company's brand names included Nalley Automotive Group, Courtesy Autogroup, Coggin Automotive Group, Crown Automotive Company, David McDavid Auto Group, North Point Auto Group, Gray-Daniels Auto Family and Plaza Motor Company.

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