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Avis Budget Group with ticker code (CAR) now has 4 analysts covering the stock. Analyst consensus points to a “Hold” rating. The range between the high price target and the low price target is between 290 and 160 with an average TP of 238.25. Given that the stock’s previous close was 222.79, this now indicates a potential upside of 6.9%. The 50-day moving average is now 195.88, while the 200-day moving average is 198.72. The company’s market capitalization is $9,287 million. Find more information at: https://www.avisbudgetgroup.com
The potential market cap would be $9.931 million based on the market consensus.
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Avis Budget Group, together with its subsidiaries, provides car and truck rental, car sharing and ancillary products and services to businesses and consumers. It operates the Avis brand, which offers rental vehicles and other mobility solutions to the premium business and leisure segments of the travel industry; the Budget Truck brand, a local one-way truck and van rental business with a fleet of approximately 20,000 vehicles that are leased through a network of approximately 465 dealer-operated and 385 company-operated locations serving consumers and light commercial vehicles sectors in the continental United States; and the Zipcar brand, a car-sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar and ACL Hire. It also offers optional insurance products and covers such as additional liability, personal accident, personal property protection, emergency illness protection and car towing protection and cargo insurance products; Fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, satellite radio access, portable navigation devices and child safety seat rentals; car towing equipment and other mobility accessories such as hand carts, furniture pads and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group operates approximately 10,400 locations worldwide. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group in September 2006. Avis Budget Group was founded in 1946 and is headquartered in Parsippany, New Jersey.
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