Asbury Automotive Group (ABG) Tops Q4 EPS by 14c

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Go back to Asbury Automotive Group (ABG) Tops Q4 EPS by 14c

Asbury Automotive Group (ABG) PT Raised to $73 at Jefferies Following 4Q

February 8, 2017 7:35 AM EST

Jefferies raised its price target on Asbury Automotive Group (NYSE: ABG) to $73.00 (from $64.00) while maintaining a Hold rating.

Analyst Bret Jordan commented, "Q4 adj. EPS of $1.56 beat our est. of $1.42 and consensus of $1.43 as lower SG&A to gross (69.3% vs. our 71.2% est) benefited from... More