Equities research experts at Deutsche Bank set a $66.00 target rate on shares of Asbury Automotive Group (NYSE: ABG) stock in a research study note released to investors on Thursday. The firm currently has a a hold rating on the stock. Deutsche Banks price target recommends a potential disadvantage of 24.25 % from the stocks previous close.
Shares of Asbury Automotive Group (NYSE: ABG) traded down 0.83 % on Thursday, hitting $86.41. 166,498 shares of the companys stock traded hands. Asbury Automotive Group has a 1-year low of $56.64 and a 1-year high of $89.97. The stocks 50-day moving average is $81. and its 200-day moving average is $75. The company has a market cap of $2.38 billion and a price-to-earnings ratio of 23.31.
Asbury Automotive Group (NYSE: ABG) last posted its quarterly profits results on Tuesday, April 21st. The company reported $1.30 profits per share (EPS) for the quarter, beating the consensus quote of $1.18 by $0.12. The company had profits of $1.50 billion for the quarter, as compared to the agreement estimate of $1.49 billion. During the very same quarter in the previous year, the company published $1.03 incomes per share. The business revenue for the quarter was up 13.7 % on a year-over-year basis. Analysts anticipate that Asbury Automotive Group will certainly publish $5.17 EPS for the present financial year.
Individually, analysts at KeyBanc set a $91.00 price target on shares of Asbury Automotive Group and gave the business a buy score in a research study note on Wednesday, April 15th. Three equities research study experts have actually ranked the stock with a hold score and three have actually given a buy rating to the company. The business currently has a consensus rating of Buy and a typical target price of $76.20.
Asbury Automotive Group, Inc is a vehicle seller. As of December 31, 2013, the Company operated 100 franchises (NYSE: ABG). It offers automobile productsservices and products, including brand-new and secondhand cars; vehicle maintenance; replacement parts and accident repair service services; brand-new and pre-owned car funding, and aftermarket items, such as insurance, guarantee and service contracts.
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