Avis Budget Group, Inc. which can be found using ticker (CAR) now have 8 confirmed analysts covering the stock with the consensus suggesting 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. Given that the stocks previous close was at $82.35 this is indicating there is a potential upside of 50.4%. Also worth taking note is the 50 day moving average now sits at $86.66 and the 200 day moving average is $118.48. The market cap for the company is 3.05B. The stock price is currently at: $85.62 USD
The potential market cap would be $4,593,503,976 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 4.21, 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.
