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Asbury Automotive Gr

ABGNYSE
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$251.00
0.520.21%
Pre-Market: Nov 20, 9:01 AM EDT
Consensus Rating1
Equal-Weight
Highest Price Target1
$305.00
Lowest Price Target1
$216.00
Consensus Price Target1
$256.20

Asbury Automotive Gr (NYSE:ABG) Stock, Analyst Ratings, Price Targets, Forecasts

Asbury Automotive Group Inc has a consensus price target of $256.2 based on the ratings of 6 analysts. The high is $305 issued by B of A Securities on October 14, 2024. The low is $216 issued by Stephens & Co. on September 12, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Craig-Hallum, and B of A Securities on November 5, 2024, October 30, 2024, and October 14, 2024, respectively. With an average price target of $275 between JP Morgan, Craig-Hallum, and B of A Securities, there's an implied 9.56% upside for Asbury Automotive Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Jun
1
Aug
3
Sep
1
Oct
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.0
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Craig-Hallum
B of A Securities
Morgan Stanley
Stephens & Co.

1calculated from analyst ratings

Analyst Ratings for Asbury Automotive Gr

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Asbury Automotive Gr (ABG) stock?

A

The latest price target for Asbury Automotive Gr (NYSE:ABG) was reported by Seaport Global on November 12, 2024. The analyst firm set a price target for $0.00 expecting ABG to fall to within 12 months (a possible -100.00% downside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Asbury Automotive Gr (ABG)?

A

The latest analyst rating for Asbury Automotive Gr (NYSE:ABG) was provided by Seaport Global, and Asbury Automotive Gr downgraded their neutral rating.

Q

When was the last upgrade for Asbury Automotive Gr (ABG)?

A

The last upgrade for Asbury Automotive Group Inc happened on September 25, 2024 when Morgan Stanley raised their price target to $240. Morgan Stanley previously had an underweight for Asbury Automotive Group Inc.

Q

When was the last downgrade for Asbury Automotive Gr (ABG)?

A

The last downgrade for Asbury Automotive Group Inc happened on November 12, 2024 when Seaport Global changed their price target from N/A to N/A for Asbury Automotive Group Inc.

Q

When is the next analyst rating going to be posted or updated for Asbury Automotive Gr (ABG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Asbury Automotive Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Asbury Automotive Gr was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.

Q

Is the Analyst Rating Asbury Automotive Gr (ABG) correct?

A

While ratings are subjective and will change, the latest Asbury Automotive Gr (ABG) rating was a downgraded with a price target of $0.00 to $0.00. The current price Asbury Automotive Gr (ABG) is trading at is $251.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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