Georgia dealership giant absorbs Stevinson Automotive

12:26am, Wednesday, 08'th Dec 2021 Daily Camera
Asbury Automotive Group Inc., which made a splash in the Colorado car dealer market this year with the $3.2 billion purchase of Larry H. Miller Group of Cos. operations, is diving in again with the acquisition of Stevinson Automotive Inc.
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., completed the acquisition of Stevinson Automotive (Stevinson) adding approximately $715 million in annual revenues. We are thrilled to add to our growing footprint in the dynamic and growing Denver area, especially through a well-respected and successful dealership group
Zacks Investment Research upgraded shares of Asbury Automotive Group (NYSE:ABG) from a hold rating to a strong-buy rating in a research note issued to investors on Friday, Zacks.com reports. They currently have $193.00 price target on the stock. According to Zacks, Asbury Automotive Group, Inc. is one of the largest automotive retailers. Asbury offers customers [] The post Zacks Investment Research Upgrades Asbury Automotive Group (NYSE:ABG) to Strong-Buy appeared first on ETF Daily News .
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CarLotz (NASDAQ:LOTZ) and Asbury Automotive Group (NYSE:ABG) are both auto/tires/trucks companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, profitability, dividends and analyst recommendations. Analyst Ratings This is a breakdown of recent ratings and price targets for CarLotz and Asbury []
Equities analysts forecast that Asbury Automotive Group, Inc. (NYSE:ABG) will announce $2.37 billion in sales for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Asbury Automotive Groups earnings. The lowest sales estimate is $2.14 billion and the highest is $2.50 billion. Asbury Automotive Group reported sales of $2.23 billion []
Shares of Asbury Automotive Group, Inc. (NYSE:ABG) have been given a consensus recommendation of Buy by the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price []
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Credit Suisse AG grew its holdings in Asbury Automotive Group, Inc. (NYSE:ABG) by 4.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,923 shares of the companys stock after purchasing an additional 796 shares during the period. Credit Suisse AG owned []
Is (ABG) Outperforming Other Retail-Wholesale Stocks This Year?
A positive earnings surprise is not an indication that a company is doing a good job in reducing their CO2 emissions.
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