Asbury Automotive Group Inc has a consensus price target of $253.17 based on the ratings of 6 analysts. The high is $368 issued by B of A Securities on September 9, 2022. The low is $190 issued by Morgan Stanley on August 14, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., JP Morgan, and Morgan Stanley on September 12, 2024, September 10, 2024, and August 14, 2024, respectively. With an average price target of $223.67 between Stephens & Co., JP Morgan, and Morgan Stanley, there's an implied -0.03% downside 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 Stephens & Co. on September 12, 2024. The analyst firm set a price target for $216.00 expecting ABG to fall to within 12 months (a possible -3.46% downside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Asbury Automotive Gr (NYSE:ABG) was provided by Stephens & Co., and Asbury Automotive Gr initiated their equal-weight rating.
The last upgrade for Asbury Automotive Group Inc happened on October 31, 2023 when JP Morgan raised their price target to $245. JP Morgan previously had a neutral for Asbury Automotive Group Inc.
The last downgrade for Asbury Automotive Group Inc happened on June 10, 2024 when JP Morgan changed their price target from $230 to $230 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 September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 2025.
While ratings are subjective and will change, the latest Asbury Automotive Gr (ABG) rating was a initiated with a price target of $0.00 to $216.00. The current price Asbury Automotive Gr (ABG) is trading at is $223.74, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.