# Avis Budget Group, Inc.  Share Price Target ‘$151.00’, now 44.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/avis-budget-group-inc.share-price-target-151.00-now-44.6-upside-potential/4121161319
- Published: 2024-06-21T14:38:19+01:00
- Author: Charlotte Edwards

**Avis Budget Group, Inc.** which can be found using ticker (CAR) have now 7 market
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The range between the high target price and low target price is between $185.00 
and $120.00 calculating the mean target share price we have $151.00. (at the time
of writing). Given that the stocks previous close was at $104.41 this would imply
there is now a potential upside of 44.6%. The 50 day moving average now sits at 
$111.07 and the 200 moving average now moves to $149.86. The market capitalization
for the company is 3.98B. The stock price for the company is currently $111.77 USD

 The potential market cap would be $5,762,162,730 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 3.59, 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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