Asbury Automotive Gr
(NYSE:ABG)
$226.28
0[0.00%]
At close: May 9
$226.28
0[0.00%]
PreMarket: 4:00PM EDT
Consensus Rating1
Buy
Highest Price Target1
$368.00
Lowest Price Target1
$165.00
Consensus Price Target1
$237.17

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

Asbury Automotive Group Inc has a consensus price target of $237.17, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Craig-Hallum, and JP Morgan on May 2, 2024, February 9, 2024, and October 31, 2023. With an average price target of $235 between JP Morgan, Craig-Hallum, and JP Morgan, there's an implied 3.85% upside for Asbury Automotive Group Inc from these 3 analyst ratings.

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3.0
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Analyst Firms Making Recommendations1

JP Morgan
Craig-Hallum
Morgan Stanley
B of A Securities
Morgan Stanley

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Asbury Automotive Gr

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FAQ

Q

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

A

The latest price target for Asbury Automotive Gr (NYSE: ABG) was reported by JP Morgan on May 2, 2024. The analyst firm set a price target for $230.00 expecting ABG to rise to within 12 months (a possible 1.64% upside). 5 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 JP Morgan, and Asbury Automotive Gr maintained their overweight rating.

Q

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

A

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.

Q

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

A

The last downgrade for Asbury Automotive Group Inc happened on February 9, 2024 when Craig-Hallum changed their price target from N/A to $230 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 May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 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 maintained with a price target of $235.00 to $230.00. The current price Asbury Automotive Gr (ABG) is trading at is $226.28, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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