Abacus Group Opens Abu Dhabi Office to Expand UAE Presence
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2026
0mins
Source: Yahoo Finance
- Market Expansion: Abacus has opened a new office in the Abu Dhabi Global Market (ADGM), marking the second phase of its strategic growth in the UAE, aimed at better serving clients across the Middle East.
- Enhanced Service Capabilities: The new office will deliver a full suite of managed IT, multi-cloud, and cybersecurity services, including the market-leading abacusFlex solution, helping clients meet ADGM regulations and strengthen cybersecurity defenses.
- Regulatory Environment Advantage: The UAE's world-class regulatory framework provides a strong foundation for regulated entities, attracting both emerging managers and established global firms, further driving Abacus's business growth.
- Local Expertise Support: Abacus will leverage its local expertise and on-the-ground support in Abu Dhabi to enhance collaboration with regulators and improve threat intelligence sharing capabilities to address evolving cybersecurity threats.
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Analyst Views on ABG
Wall Street analysts forecast ABG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABG is 238.67 USD with a low forecast of 230.00 USD and a high forecast of 251.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
0 Buy
3 Hold
1 Sell
Hold
Current: 243.890
Low
230.00
Averages
238.67
High
251.00
Current: 243.890
Low
230.00
Averages
238.67
High
251.00
About ABG
Asbury Automotive Group, Inc. is an automotive retailer. The Company operates through two segments: Dealerships and Total Care Auto (TCA). The Company offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, parts and services, which include vehicle repair and maintenance services, replacement parts and collision repair services, and finance and insurance (F&I) products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation and prepaid maintenance plans. The Company operates approximately 175 new-vehicle dealerships, consisting of over 230 franchises and representing 36 domestic and foreign brands of vehicles. It also operates Total Care Auto, Powered by Landcar, a provider of service contracts and other vehicle protection products, and 39 collision repair centers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Abacus Group Opens Abu Dhabi Office to Expand UAE Presence
- Market Expansion: Abacus has opened a new office in the Abu Dhabi Global Market (ADGM), marking the second phase of its strategic growth in the UAE, aimed at better serving clients across the Middle East.
- Enhanced Service Capabilities: The new office will deliver a full suite of managed IT, multi-cloud, and cybersecurity services, including the market-leading abacusFlex solution, helping clients meet ADGM regulations and strengthen cybersecurity defenses.
- Regulatory Environment Advantage: The UAE's world-class regulatory framework provides a strong foundation for regulated entities, attracting both emerging managers and established global firms, further driving Abacus's business growth.
- Local Expertise Support: Abacus will leverage its local expertise and on-the-ground support in Abu Dhabi to enhance collaboration with regulators and improve threat intelligence sharing capabilities to address evolving cybersecurity threats.
Continue Reading