What Analysts Are Saying About Asbury Automotive Gr Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Asbury Automotive Group (NYSE:ABG) over the past three months, with a recent average price target of $243.2, up from $228.75. The company has shown strong revenue growth and profitability, but its ROE is below industry standards.
October 14, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Asbury Automotive Group has received mixed analyst ratings, with a recent average price target of $243.2, indicating a positive outlook compared to the previous target of $228.75. The company shows strong revenue growth and profitability, but its ROE is below industry standards.
The increase in the average price target from $228.75 to $243.2 suggests a positive short-term outlook. The company's strong revenue growth and profitability are favorable, but the below-average ROE may concern some investors. Overall, the positive price target adjustment and strong financial performance are likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100