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Equities Analysts Issue Forecasts for Asbury Automotive Group’s FY2015 …

KeyBanc cut their FY2015 gain per share estimates for Asbury Automotive Group (NYSE:ABG) in a news released on Wednesday, according to Zacks Investment Research. KeyBanc researcher B. Hoselton now forecasts that a organisation will post gain per share of $5.64 for a year, down from their before guess of $5.74. KeyBanc has a “Buy” rating and a $100.00 cost design on a stock. The accord guess for Asbury Automotive Group’s FY2015 gain is $5.61 per share.

Asbury Automotive Group (NYSE:ABG) final released a quarterly gain formula on Wednesday, Oct 21st. The association reported $1.43 gain per share for a quarter, violence analysts’ accord estimates of $1.42 by $0.01. The association warranted $1.72 billion during a quarter, compared to researcher estimates of $1.66 billion. During a same duration in a before year, a business warranted $1.08 EPS. The business’s income for a entertain was adult 14.0% on a year-over-year basis.

Other analysts also recently released investigate reports about a stock. Zacks upgraded shares of Asbury Automotive Group from a “hold” rating to a “buy” rating and set a $105.00 aim cost for a association in a investigate note on Wednesday, Jul 15th. Bank of America cut shares of Asbury Automotive Group from a “neutral” rating to an “underperform” rating and set a $104.00 aim cost on a stock. in a news on Wednesday, Jul 22nd. They remarkable that a pierce was a gratefulness call. Evercore ISI insincere coverage on shares of Asbury Automotive Group in a investigate note on Wednesday, Sep 9th. They released a “buy” rating on a stock. Buckingham Research lifted shares of Asbury Automotive Group from an “underperform” rating to a “neutral” rating and set a $75.00 cost aim for a association in a investigate news on Monday, Aug 31st. Finally, Craig Hallum lifted shares of Asbury Automotive Group from a “hold” rating to a “buy” rating and set a $95.00 aim cost for a association in a news on Tuesday, Sep 8th. One equities investigate researcher has rated a batch with a sell rating, 3 have reserved a reason rating and 5 have released a buy rating to a stock. Asbury Automotive Group has an normal rating of “Hold” and an normal cost aim of $89.00.

Shares of Asbury Automotive Group (NYSE:ABG) traded adult 1.97% during trade on Friday, reaching $80.55. 305,927 shares of a company’s batch were exchanged. Asbury Automotive Group has a 52-week low of $66.03 and a 52-week high of $96.58. The batch has a marketplace top of $2.04 billion and a PE ratio of 15.80. The stock’s 50 day relocating normal cost is $82.71 and a 200-day relocating normal cost is $85.53.

Asbury Automotive Group, Inc. (NYSE:ABG) is an automotive tradesman in a United States. The Organization provides a accumulation of new and used automobile appropriation and services, including new and used vehicles, automobile maintenance, deputy tools and collision correct services, automotive products, and aftermarket products, including guarantee, word and use contracts. The Company’s code names enclose Nalley Automotive Group, Coggin Automotive Group, Courtesy Autogroup, Crown Automotive Company, David McDavid Auto Group, Gray -Daniels Auto Family and Plaza Motor Company, among others. The new automobile sales of a Company include of a sale of new vehicles to particular sell business and also a sale of vehicles that are new to blurb customers. It’s used automobile sales operation from a sale of a sale of vehicles that were used as good as used vehicles to particular sell business . It provides automobile upkeep and correct services in a markets of a possess franchised automobile dealers.

To get a giveaway duplicate of Zacks’ investigate news on Asbury Automotive Group (ABG), click here. For some-more information about investigate offerings from Zacks Investment Research, revisit Zacks.com

Article source: http://www.themarketbusiness.com/2015-10-25-equities-analysts-issue-forecasts-for-asbury-automotive-groups-fy2015-earnings-abg

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