Avis Budget Group, Inc. – Consensus ‘buy’ rating and 36.2% Upside Potential

Broker Ratings
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Avis Budget Group, Inc. with ticker code (CAR) have now 4 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 319 and 195 calculating the mean target price we have $251.00. Given that the stocks previous close was at $184.33 and the analysts are correct then we can expect a percentage increase in value of 36.2%. There is a 50 day moving average of $203.62 and the 200 day MA is $198.47. The market cap for the company is 6.94B. The stock price for the company is currently 179.22 USD

The potential market cap would be $9,453,909,670 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 3.49, 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.

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