CAR has been the topic of a number of other reports. Zacks Investment Research lowered Avis Budget Group from a strong-buy rating to a hold rating in a report on Tuesday, April 30th. BidaskClub raised Avis Budget Group from a hold rating to a buy rating in a report on Friday, June 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Avis Budget Group currently has an average rating of Hold and an average target price of $40.50.
CAR opened at $34.74 on Thursday. Avis Budget Group has a 1-year low of $21.63 and a 1-year high of $39.15. The firm has a fifty day simple moving average of $35.16. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 51.70. The company has a market cap of $2.64 billion, a PE ratio of 9.52 and a beta of 2.08.
About Avis Budget Group
Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. It operates the Avis brand, a vehicle rental system with approximately 5,500 locations that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget brand, a vehicle rental and other mobility solutions primarily focuses on the value-conscious segments of the industry; the Zipcar brand, a membership-based car sharing network; and the Budget Truck brand, a local and one-way truck rental businesses with a fleet of approximately 18,000 vehicles, which are rented through a network of approximately 640 dealer-operated and 430 company-operated locations that serve the consumer and light commercial sectors in the continental United States.
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