# Avis Budget Group, Inc.  Share Price Target ‘$147.14’, now 48.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/avis-budget-group-inc.share-price-target-147.14-now-48.6-upside-potential/4121164669
- Published: 2024-07-12T14:38:00+01:00
- Author: Charlotte Edwards

**Avis Budget Group, Inc.** which can be found using ticker (CAR) have now 7 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $185.00 and $120.00 calculating the average
target share price we see $147.14. (at the time of writing). Given that the stocks
previous close was at $99.01 this is indicating there is a potential upside of 48.6%.
The 50 day moving average now sits at $110.72 and the 200 moving average now moves
to $143.44. The company has a market capitalization of 3.70B. The current share 
price for the company is: $103.68 USD

 The potential market cap would be $5,492,525,761 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 3.33, revenue per share of $321.77
and a 5.23% 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.

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