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Should you buy Asbury Automotive Group (ABG) stock?

According to 3 analysts, the average rating for ABG stock is "Hold." The 12-month stock price forecast is $227.0, which is a decrease of -6.68% from the latest price. DULUTH, Ga.-- (BUSINESS WIRE)--Asbury Automotive Group Schedules Release of Second Quarter 2023 Financial Results.

Where is Asbury Automotive Group Inc headquartered?

The company was founded in January 1995 and is headquartered in Duluth, GA. ABG | Complete Asbury Automotive Group Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Is Asbury a good stock to buy?

We still consider Asbury one of the top dealer operators in our coverage, and its growth runway to $30 billion annual revenue by 2030 remains in place given the highly fragmented nature of the sector and Asbury’s access to capital. We like the firm repurchasing its stock for $50 million in the quarter since it’s well below our fair value estimate.

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