Asbury Automotive Group Reports Third Quarter Results

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Go back to Asbury Automotive Group Reports Third Quarter Results

Asbury Automotive Group (ABG) PT Lowered to $230 at CFRA

October 29, 2024 9:22 AM EDT

CFRA analyst Garrett Nelson lowered the price target on Asbury Automotive Group (NYSE: ABG) to $230.00 (from $260.00) while maintaining a Hold rating.

The analyst comments "We lower our 12-month target price by $30 to $230, based on a '25 P/E of 8.0x, a... More