From what 4 stock analysts predict, the share price for Avis Budget Group Inc (CAR) might increase by 76.16% in the next year. This is based on a 12-month average estimation for CAR. Price targets go from $118.00 to $240.00. The majority of stock analysts believe CAR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assignedCAR 2 buy ratings, 1 hold ratings, and 1 sell ratings. This means that analysts expect Avis Budget Group Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CAR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
ryan brinkman J.P. Morgan | Buy | $240.0 | maintained | Feb 14, 2024 |
chris woronka Deutsche Bank | Buy | $202.0 | maintained | Feb 14, 2024 |
christopher stathoulopoulos Susquehanna | Hold | $145.0 | maintained | Feb 14, 2024 |
lizzie dove Goldman Sachs | Sell | $118.0 | reiterated | Feb 13, 2024 |
stephanie moore Jefferies | Buy | $280.0 | maintained | Oct 19, 2023 |
adam jonas Morgan Stanley | Buy | $230.0 | reiterated | Aug 3, 2023 |
hamzah mazari Jefferies | Buy | $309.0 | maintained | Aug 2, 2022 |
brian johnson Barclays | Hold | $158.0 | maintained | Jul 5, 2022 |
john murphy Bank of America Securities | Sell | $240.0 | reiterated | May 3, 2022 |
billy kovanis Morgan Stanley | Sell | $168.0 | reiterated | Feb 15, 2022 |
john healy Northcoast Research | Hold | None | maintained | Feb 1, 2022 |
derek glynn Consumer Edge Research | Hold | None | downgraded | Mar 27, 2020 |
samik chatterjee J.P. Morgan | Buy | $47.0 | maintained | Nov 8, 2017 |
anjaneya singh Credit Suisse | Hold | $29.0 | maintained | Nov 8, 2017 |
christopher agnew MKM Partners | Buy | $49.0 | maintained | Oct 12, 2017 |
kevin milota J.P. Morgan | Hold | $24.0 | reiterated | May 3, 2016 |
manish somaiya Citigroup | Hold | None | maintained | Feb 25, 2016 |
kelly knybel Deutsche Bank | Hold | $42.0 | initiatedcoverage | Dec 11, 2013 |
afua ahwoi Goldman Sachs | Hold | $30.0 | downgraded | Sep 27, 2013 |
matthew fassler Goldman Sachs | Buy | None | maintained | Apr 9, 2013 |
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network, as well as the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on more value-conscious customers comprising Budget car rental, and Budget Truck, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 19,000 vehicles, which are rented through a network of dealer-operated and company-operated locations that serve the light commercial and consumer sectors in the continental United States. The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll Hire, as well as TurisPrime and RubyCa. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, automobile towing protection, and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services; and access to satellite radio, mobile WiFi devices, GPS navigation, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Avis Budget Group Business Intelligence, an online portal complete with rental summary dashboards, visualizations, and detailed reports. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.
When did it IPO
0
Staff Count
18,000
Country
United States
Sector/Industry
Industrials/Rental & Leasing Services
CEO
Mr. Joseph A. Ferraro
Market Cap
$3.59B
In 2023, CAR generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CAR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
ACLS-USD
$111.45
$30.2
BLKB-USD
$67.68
AVAV-USD
$123.75
PCH-USD
$44.29
$45.2