Avis Budget Group Inc has a consensus price target of $165.08 based on the ratings of 12 analysts. The high is $270 issued by Jefferies on October 25, 2022. The low is $95 issued by Susquehanna on August 9, 2024. The 3 most-recent analyst ratings were released by Barclays, Susquehanna, and Goldman Sachs on September 19, 2024, August 9, 2024, and August 8, 2024, respectively. With an average price target of $101.67 between Barclays, Susquehanna, and Goldman Sachs, there's an implied 17.49% upside for Avis Budget Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Avis Budget Gr (NASDAQ:CAR) was reported by Barclays on September 19, 2024. The analyst firm set a price target for $105.00 expecting CAR to rise to within 12 months (a possible 21.35% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Avis Budget Gr (NASDAQ:CAR) was provided by Barclays, and Avis Budget Gr initiated their equal-weight rating.
The last upgrade for Avis Budget Group Inc happened on April 4, 2024 when Goldman Sachs raised their price target to $130. Goldman Sachs previously had a sell for Avis Budget Group Inc.
The last downgrade for Avis Budget Group Inc happened on July 20, 2023 when Deutsche Bank changed their price target from N/A to $263 for Avis Budget Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Avis Budget Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Avis Budget Gr was filed on September 19, 2024 so you should expect the next rating to be made available sometime around September 19, 2025.
While ratings are subjective and will change, the latest Avis Budget Gr (CAR) rating was a initiated with a price target of $0.00 to $105.00. The current price Avis Budget Gr (CAR) is trading at is $86.53, which is within the analyst’s predicted range.
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