Avis Budget Group, Inc. with ticker code (CAR) now have 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 319 and 195 with the average target price sitting at $251.00. Given that the stocks previous close was at $198.53 this would indicate that there is a potential upside of 26.4%. Also worth taking note is the 50 day moving average now sits at $221.63 and the 200 moving average now moves to $199.10. The market cap for the company is 7.66B. The stock price for the company is currently 197.66 USD
The potential market cap would be $9,680,853,690 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 3.94, revenue per share of 289.81 and a 7.98% return on assets.
Avis Budget Group, Inc. is a provider of vehicle rental and car sharing services. The Company’s segments include Americas and International. The Americas segment provides and licenses the Company’s brands to third parties for vehicle rentals and ancillary products and services in North America, South America, Central America, and the Caribbean, and operates the Company’s car sharing business in markets. The International segment provides and licenses the Company’s brands to third parties for vehicle rentals and ancillary products and services in Europe, the Middle East, Africa, Asia, and Australasia, and operates the Company’s car sharing business in certain of these markets. The Company offers a variety of vehicles in its rental fleet, including luxury cars, electric, specialty-use vehicles, and light commercial vehicles. The Company operates through three brands in mobility solutions, such as Avis, Budget, and Zipcar, together with several other brands in their respective markets.
