Avis Budget Group (NASDAQ:CAR) gets upgraded to Buy by Goldman Sachs Group

Analyst Ratings For Avis Budget Group (NASDAQ:CAR)

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Today, Avis Budget Group (NASDAQ:CAR) stock received an upgrade by Goldman Sachs Group from Sell to Buy.

There are 3 Buy Ratings, 1 Sell Ratings, 1 Hold Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Avis Budget Group (NASDAQ:CAR) is Hold with a consensus target price of $37.80 per share, a potential 47.20% upside.

Some recent analyst ratings include

  • 2/11/2019-Avis Budget Group (NASDAQ:CAR) gets upgraded to Buy by Goldman Sachs Group
  • 7/30/2018-Avis Budget Group (NASDAQ:CAR) gets upgraded to Buy by Northcoast Research with a price target of $46.00
  • 6/26/2018-Avis Budget Group (NASDAQ:CAR) has coverage initiated with a Underweight rating and $30.00 price target
  • 9/22/2017-Avis Budget Group (NASDAQ:CAR) has coverage initiated with a Buy rating and $36.00 price target
  • On 11/27/2018 David T Calabria, SVP, sold 1,700 with an average share price of $29.29 per share and the total transaction amounting to $49,793.00.
  • On 8/17/2018 Leonard S Coleman Jr, Director, sold 13,000 with an average share price of $34.63 per share and the total transaction amounting to $450,190.00.
  • On 6/11/2018 Lynn Krominga, Director, sold 10,000 with an average share price of $40.00 per share and the total transaction amounting to $400,000.00.
  • On 5/24/2018 Michael K Tucker, EVP, sold 7,218 with an average share price of $43.00 per share and the total transaction amounting to $310,374.00.
  • On 5/7/2018 Edward P Linnen, EVP, sold 5,000 with an average share price of $45.12 per share and the total transaction amounting to $225,600.00.
  • On 5/7/2018 John D Jr. Hardy, Director, sold 1,022 with an average share price of $44.64 per share and the total transaction amounting to $45,622.08.
  • On 5/4/2018 Stender E. Sweeney, Director, sold 2,878 with an average share price of $45.00 per share and the total transaction amounting to $129,510.00.

About Avis Budget Group (NASDAQ:CAR)
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 5,450 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 19,000 vehicles, which are rented through a network of approximately 925 dealer-operated and 450 company-operated locations that serve the consumer and light commercial sectors in the continental United States. The company also operates the Payless brand, which comprises approximately 280 vehicle rental locations; the Apex brand that primarily in the deep-value segment of the car rental industry with approximately 25 rental locations in New Zealand and Australia; and the Maggiore brand that provides vehicle rental services in approximately 140 locations, as well as the France Cars brand, which offers light commercial vehicle fleets with approximately 70 rental locations in France. 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; and previously-owned vehicles in sales locations. 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 headquartered in Parsippany, New Jersey.

Recent Trading Activity for Avis Budget Group (NASDAQ:CAR)
Shares of Avis Budget Group closed the previous trading session at 25,68 −0,44 1,68 % with 25.13 shares trading hands.

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