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Asbury Automotive Group Inc (NYSE: ABG) reiterated to Hold by BB&T Capital Mkts

Monday,  Oct 26, 2015  10:25 AM ET by Lynn Gilbert

BB&T Capital Mkts reiterated Asbury Automotive Group Inc (NYSE: ABG) to Hold.
Previously, BB&T Capital Mkts rated Asbury Automotive Group Inc (NYSE: ABG) to Hold on 12/14/2012, when the stock price was valued at $29.67.

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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.

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