Asbury Automotive shares could be worth $20-Barron's

Newswire

NEW YORK, April 27 (Reuters) - Asbury Automotive Group shares could jump from their current $15.25 to at least $20 a piece when the economy recovers, financial weekly Barron's said on Sunday. Barron's said that most of the bad news -- like high cost of gasoline and falling home prices -- have already been baked into the price of Asbury shares, which are down from a year-ago high of $30. The article says that "the 6-year-old company boasts one of the most appealing product lineups in the ...

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