Craig-Hallum Reaffirms Their Hold Rating on Asbury (ABG)

In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Hold rating on Asbury. The company’s shares opened today at $239.48.

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Sigdahl covers the Consumer Cyclical sector, focusing on stocks such as Flutter Entertainment PLC, Rush Street Interactive, and Super Group (SGHC). According to TipRanks, Sigdahl has an average return of 10.7% and a 44.44% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Asbury with a $252.33 average price target, a 5.37% upside from current levels. In a report released on October 15, Morgan Stanley also maintained a Hold rating on the stock with a $230.00 price target.

ABG market cap is currently $4.71B and has a P/E ratio of 8.74.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ABG in relation to earlier this year. Last month, Maureen F Morrison, a Director at ABG sold 800.00 shares for a total of $204,488.00.