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Asbury Automotive Group Inc (ABG) [hlAlert]

Rating:
Hold ABG

Asbury Automotive Group Inc (ABG) rated Hold with price target $52 by Deutsche Bank

Posted on: Wednesday,  Feb 5, 2014  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Hold Asbury Automotive Group Inc (NYSE: ABG) on 02/05/2014. Previously Deutsche Bank rated Buy Asbury Automotive Group Inc (NYSE: ABG)
on 11/24/2009., when the stock price was $10.66. Since then, Asbury Automotive Group Inc has gained 25.70% as of 07/28/2010's recent price of $13.40.
If you would have followed the previous Deutsche Bank's recommendation on ABG, you would have gained 25.7% of your investment in 246 days.

Asbury Automotive Group, Inc. (Asbury) is an automotive retailer in the United States. It offers customers a range of automotive products and services, including new and used vehicles, vehicle maintenance and repair services, replacement parts, new and used vehicle financing, and the sale of warranty, insurance and extended service contracts. During the year ended December 31, 2008, the Company operated 115 franchises at 87 dealership locations. The retail network is organized into two regions, east and west, and includes nine locally branded dealership groups. It includes Nalley Automotive Group, Courtesy Autogroup, Coggin Automotive Group, Crown Automotive Company, David McDavid Auto Group, California Dealerships, North Point Auto Group, Gray-Daniels Auto Family and Plaza Motor Company. As of December 31, 2008, Asbury operated dealerships in 22 metropolitan markets throughout the United States.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2014 1:25 PM Hold
None
48.39 52.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/25/2013 2:25 PM Hold
None
40.22 37.00
2/20/2013 2:25 PM Hold
None
35.35 35.00
7/28/2011 12:25 PM Hold
None
21.60 21.50
7/28/2010 1:25 PM Hold
None
13.40 15.00
11/24/2009 8:25 AM Buy
None
10.66 14.50

(*) Stock Price at the time of the recommendation.
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