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.
1calculated from analyst ratings
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.
The latest analyst rating for Asbury Automotive Gr (NYSE:ABG) was provided by Seaport Global, and Asbury Automotive Gr downgraded their neutral rating.
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.
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.
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.
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.
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