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Asbury ( (ABG) ) just unveiled an update.
On June 6, 2025, Asbury Automotive Group announced that its acquisition of The Herb Chambers Companies’ automotive dealerships is expected to close by the end of July 2025, pending customary closing conditions and regulatory approvals. This acquisition is a strategic move for Asbury, potentially enhancing its market position and operational scale within the automotive retail sector.
The most recent analyst rating on (ABG) stock is a Hold with a $260.00 price target. To see the full list of analyst forecasts on Asbury stock, see the ABG Stock Forecast page.
Spark’s Take on ABG Stock
According to Spark, TipRanks’ AI Analyst, ABG is a Outperform.
Asbury Automotive Group demonstrates solid financial stability and strong future growth prospects, particularly in parts and services. The technical analysis presents a neutral outlook, and valuation appears reasonable, though the lack of a dividend yield is a limitation. Positive earnings call sentiment supports the company’s strategic positioning despite some market challenges.
To see Spark’s full report on ABG stock, click here.
More about Asbury
Asbury Automotive Group, Inc. operates in the automotive retail industry, focusing on the acquisition and management of automotive dealerships.
Average Trading Volume: 224,350
Technical Sentiment Signal: Hold
Current Market Cap: $4.5B
Learn more about ABG stock on TipRanks’ Stock Analysis page.
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