Avis Budget Group, Inc. with ticker code (CAR) have now 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $305.00 and $164.00 calculating the mean target price we have $234.67. Now with the previous closing price of $166.90 this would imply there is now a potential upside of 40.6%. The 50 day MA is $180.28 and the 200 moving average now moves to $192.03. The total market capitalization for the company now stands at 6.28B. The stock price for the company is currently $173.41 USD
The potential market cap would be $8,831,600,330 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 3.81, 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.
