Morgan Stanley Cuts Asbury Automotive Group (NYSE:ABG) Price Target to $184.00

Posted by Francis Steltz on Oct 8th, 2026

Asbury Automotive Group (NYSE:ABG – Free Report) had its target price decreased by Morgan Stanley from $230.00 to $184.00 in a report released on Monday morning, Marketbeat reports. Morgan Stanley currently has an equal weight rating on the stock.

Several other research firms have also issued reports on ABG. JPMorgan Chase & Co. decreased their target price on Asbury Automotive Group from $220.00 to $190.00 and set an “underweight” rating for the company in a research report on Tuesday, August 4th. UBS Group set a $250.00 price objective on shares of Asbury Automotive Group in a research note on Wednesday, July 29th. Seaport Research Partners upgraded shares of Asbury Automotive Group from a “neutral” rating to a “buy” rating and set a $300.00 price objective for the company in a report on Tuesday, September 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Asbury Automotive Group in a research note on Friday, July 24th. Finally, Barclays increased their target price on shares of Asbury Automotive Group from $225.00 to $265.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $214.00.

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Asbury Automotive Group Stock Performance

Shares of Asbury Automotive Group stock opened at $167.51 on Monday. The firm has a fifty day moving average of $202.87 and a two-hundred day moving average of $201.68. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.29 and a current ratio of 0.91. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 6.26, a PEG ratio of 0.66 and a beta of 0.78. Asbury Automotive Group has a 52 week low of $165.85 and a 52 week high of $258.74.

Asbury Automotive Group (NYSE:ABG – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $6.82 EPS for the quarter, topping analysts’ consensus estimates of $6.31 by $0.51. Asbury Automotive Group had a return on equity of 12.72% and a net margin of 2.83%.The business had revenue of $4.38 billion during the quarter, compared to analysts’ expectations of $4.49 billion. During the same period in the previous year, the firm earned $7.43 earnings per share. The firm’s quarterly revenue was up .3% compared to the same quarter last year. As a group, equities research analysts predict that Asbury Automotive Group will post 26.12 EPS for the current year.

Insider Buying and Selling at Asbury Automotive Group

In other news, SVP Jed Milstein sold 948 shares of Asbury Automotive Group stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $250.28, for a total transaction of $237,265.44. Following the transaction, the senior vice president owned 11,259 shares in the company, valued at $2,817,902.52. The trade was a 7.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.75% of the stock is owned by company insiders.

Institutional Trading of Asbury Automotive Group

Several hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc increased its position in shares of Asbury Automotive Group by 42.4% during the third quarter. Versant Capital Management Inc now owns 534 shares of the company’s stock worth $92,000 after acquiring an additional 159 shares in the last quarter. Cim Investment Management Inc. lifted its position in Asbury Automotive Group by 7.3% in the 2nd quarter. Cim Investment Management Inc. now owns 1,167 shares of the company’s stock valued at $235,000 after acquiring an additional 79 shares in the last quarter. Engineers Gate Manager LP boosted its stake in Asbury Automotive Group by 1,067.2% in the 2nd quarter. Engineers Gate Manager LP now owns 14,217 shares of the company’s stock worth $2,859,000 after purchasing an additional 12,999 shares during the period. GoodHaven Capital Management LLC boosted its stake in Asbury Automotive Group by 29.0% in the 2nd quarter. GoodHaven Capital Management LLC now owns 56,450 shares of the company’s stock worth $11,351,000 after purchasing an additional 12,689 shares during the period. Finally, Allworth Financial LP increased its holdings in Asbury Automotive Group by 263.3% during the 2nd quarter. Allworth Financial LP now owns 178 shares of the company’s stock worth $36,000 after purchasing an additional 129 shares in the last quarter.

Asbury Automotive Group Company Profile

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Asbury Automotive Group, Inc is a U.S.-based automotive retailer that operates franchised dealerships representing a range of domestic and international vehicle manufacturers. The company sells new and used cars, trucks and sport utility vehicles, and provides related financing and insurance products.

In addition to vehicle sales, Asbury’s dealerships offer automotive maintenance and repair, replacement parts, collision repair and other after-sales services. The company also operates Clicklane, a digital retail platform designed to support online vehicle purchasing, financing and trade-ins.

Headquartered in Duluth, Georgia, Asbury serves customers through dealership locations across multiple U.S.