Avis Budget Group, Inc. with ticker code (CAR) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 280 and 195 suggesting an average Analsyt target price of $234.50. Given that the stocks previous close was at $175.48 this would indicate that there is a potential upside of 33.6%. It’s also worth noting that there is a 50 day moving average of $198.69 while the 200 day moving average is $198.82. The company has a market capitalization of 6.55B. The stock price for the company is currently 169.16 USD
The potential market cap would be $8,757,097,869 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 3.32, revenue per share of 289.81 and a 7.98% 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.
