Avis Budget Group, Inc. with ticker code (CAR) have now 8 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 $160.00 and $95.00 with the average target price sitting at $123.88. Now with the previous closing price of $83.86 this would imply there is now a potential upside of 47.7%. There is a 50 day moving average of $84.92 while the 200 day moving average is $115.75. The total market capitalization for the company now stands at 3.11B. The current share price for the company is: $87.12 USD
The potential market cap would be $4,589,818,088 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 4.28, revenue per share of $325.87 and a 4% 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.
