Avis Budget Group, Inc. with ticker code (CAR) now have 6 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $305.00 and $164.00 calculating the mean target price we have $234.67. Given that the stocks previous close was at $190.43 this would imply there is now a potential upside of 23.2%. Also worth taking note is the 50 day moving average now sits at $182.31 while the 200 day moving average is $194.79. The market cap for the company is 7.26B. The stock price is currently at: $192.57 USD
The potential market cap would be $8,952,460,111 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 4.23, revenue per share of $304.18 and a 7% 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.
