NASDAQ:CAR - Avis Budget Group Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $64.40
Forecasted Upside: -26.68 %
Number of Analysts: 5
Breakdown:
0 Sell Ratings
5 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

^$87.83 As of 06/16/2021 01:00 AM ET

▼ -2.92 (-3.22%)

1 month | 3 months | 12 months

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Analyst Price Target for CAR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$64.40

▼ -26.68% Downside Potential

This price target is based on 5 analysts offering 12 month price targets for Avis Budget Group in the last 3 months. The average price target is $64.40, with a high forecast of $85.00 and a low forecast of $35.00. The average price target represents a -26.68% upside from the last price of $87.83.

Hold

The current consensus among 5 polled investment analysts is to hold stock in Avis Budget Group. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
2 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

12/24/2019

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

3/23/2020

0 strong buy ratings
1 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

6/21/2020

0 strong buy ratings
1 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

9/19/2020

0 strong buy ratings
0 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

12/18/2020

0 strong buy ratings
0 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

3/18/2021

0 strong buy ratings
0 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

5/17/2021

0 strong buy ratings
0 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

6/16/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
6/14/2021	Morgan Stanley	Boost Price Target	Equal Weight	$73.00 ➝ $85.00	Medium	i
5/5/2021	Morgan Stanley	Boost Price Target	Equal Weight	$67.00 ➝ $73.00	Low	i
5/5/2021	Barclays	Boost Price Target	Equal Weight	$70.00 ➝ $83.00	Low	i
5/4/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$50.00 ➝ $69.00	High	i
4/26/2021	Bank of America	Reiterated Rating	Buy ➝ Neutral		N/A	i
4/21/2021	Barclays	Boost Price Target	Equal Weight	$42.00 ➝ $70.00	High	i
4/20/2021	Bank of America	Downgrade	Buy ➝ Neutral		High	i
3/22/2021	Morgan Stanley	Reiterated Rating	Overweight ➝ Equal Weight	$67.00	Low	i
3/16/2021	Morgan Stanley	Downgrade	Equal Weight		High	i
3/15/2021	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$61.00 ➝ $67.00	N/A	i
3/9/2021	Morgan Stanley	Boost Price Target	Overweight ➝ Overweight	$61.00 ➝ $67.00	High	i
3/3/2021	Morgan Stanley	Boost Price Target	Overweight	$56.00 ➝ $61.00	Medium	i
2/25/2021	Morgan Stanley	Boost Price Target	Overweight	$44.00 ➝ $56.00	Medium	i
2/22/2021	Barclays	Boost Price Target	Equal Weight	$38.00 ➝ $42.00	High	i
2/18/2021	Morgan Stanley	Boost Price Target	Overweight	$44.00 ➝ $56.00	High	i
2/18/2021	JPMorgan Chase & Co.	Lower Price Target	Neutral	$38.00 ➝ $35.00	High	i
1/27/2021	Barclays	Boost Price Target	Equal Weight	$32.00 ➝ $38.00	Medium	i
1/25/2021	Bank of America	Initiated Coverage	Buy	$50.00 ➝ $50.00	Medium	i
1/21/2021	Morgan Stanley	Boost Price Target	Overweight	$40.00 ➝ $44.00	Medium	i
10/30/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$34.00 ➝ $38.00	High	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
10/28/2020	Barclays	Boost Price Target	Equal Weight	$28.00 ➝ $35.00	Low	i
10/22/2020	JPMorgan Chase & Co.	Boost Price Target	Neutral	$26.00 ➝ $40.00	Low	i
7/31/2020	Morgan Stanley	Boost Price Target	Overweight	$37.00 ➝ $40.00	High	i Rating by Adam Jonas at Morgan Stanley
7/30/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$24.00 ➝ $34.00	High	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
7/28/2020	Barclays	Boost Price Target	Equal Weight	$18.00 ➝ $24.00	High	i
7/16/2020	Morgan Stanley	Reiterated Rating	Buy	$37.00	Low	i Rating by Adam Jonas at Morgan Stanley
7/10/2020	Morgan Stanley	Upgrade	Buy	$37.00	High	i Rating by Adam Jonas at Morgan Stanley
7/2/2020	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$37.00	High	i
6/19/2020	JPMorgan Chase & Co.	Boost Price Target	Neutral	$13.00 ➝ $22.00	High	i
6/9/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$24.00	High	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
5/29/2020	Morgan Stanley	Boost Price Target	Equal Weight	$15.00 ➝ $25.00	High	i
5/21/2020	Morgan Stanley	Upgrade	Underweight ➝ Equal Weight	$15.00	High	i
5/6/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$18.00 ➝ $16.00	High	i
4/23/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$12.00 ➝ $13.00	High	i
4/21/2020	Morgan Stanley	Lower Price Target	Underweight	$11.00 ➝ $7.00	Low	i
4/9/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$44.00 ➝ $18.00	High	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
3/27/2020	Consumer Edge	Downgrade	Overweight ➝ Equal Weight	$20.00	High	i
3/25/2020	Morgan Stanley	Reiterated Rating	Sell		Low	i
3/24/2020	Morgan Stanley	Lower Price Target	Underweight	$26.00 ➝ $11.00	High	i
3/5/2020	Morgan Stanley	Lower Price Target	Underweight	$32.00 ➝ $26.00	High	i
2/24/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$31.00 ➝ $44.00	High	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
2/21/2020	Morgan Stanley	Reiterated Rating	Underweight		High	i
2/21/2020	Northcoast Research	Downgrade	Buy ➝ Neutral		Medium	i Rating by J. Healy at Northcoast Research
11/21/2019	Jefferies Financial Group	Initiated Coverage	Buy		Medium	i
11/20/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$31.00	High	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
11/4/2019	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$31.00	High	i
10/24/2019	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$46.00 ➝ $32.00	Medium	i
10/23/2019	Barclays	Reiterated Rating	Hold	$33.00	High	i
8/9/2019	Morgan Stanley	Set Price Target	Sell	$32.00	Low	i Rating by Adam Jonas at Morgan Stanley
8/6/2019	Northcoast Research	Reiterated Rating	Buy		High	i Rating by J. Healy at Northcoast Research
3/6/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$48.00	Low	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
2/25/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$48.00	Low	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
2/11/2019	The Goldman Sachs Group	Upgrade	Sell ➝ Buy	$30.00 ➝ $35.00	High	i Rating by David Tamberrino at The Goldman Sachs Group, Inc.
11/6/2018	Deutsche Bank Aktiengesellschaft	Set Price Target	Buy	$45.00	Low	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
10/25/2018	Deutsche Bank Aktiengesellschaft	Set Price Target	Buy	$45.00	Low	i Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
10/16/2018	The Goldman Sachs Group	Set Price Target	Sell	$30.00	Low	i Rating by David Tamberrino at The Goldman Sachs Group, Inc.
8/22/2018	Barclays	Lower Price Target	Equal Weight ➝ Equal Weight	$41.00 ➝ $38.00	Low	i
7/30/2018	Northcoast Research	Upgrade	Neutral ➝ Buy	$46.00	Low	i Rating by John Healy at Northcoast Research
6/26/2018	Morgan Stanley	Initiated Coverage	Underweight	$30.00	High	i
5/4/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy ➝ Buy	$51.00 ➝ $53.00	N/A	i
4/26/2018	Barclays	Boost Price Target	Equal Weight ➝ Equal Weight	$33.00 ➝ $41.00	Low	i
4/11/2018	Northcoast Research	Downgrade	Buy ➝ Neutral	$49.00	Medium	i Rating by John Healy at Northcoast Research
2/23/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy ➝ Buy	$48.00 ➝ $51.00	Medium	i
2/14/2018	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$40.12 ➝ $33.00	High	i
11/8/2017	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$49.00 ➝ $48.00	N/A	i
11/7/2017	Northcoast Research	Reiterated Rating	Buy		N/A	i Rating by J. Healy at Northcoast Research
11/1/2017	Barclays	Boost Price Target	Equal Weight	$30.00 ➝ $32.00	N/A	i
10/12/2017	MKM Partners	Boost Price Target	Buy	$36.00 ➝ $49.00	N/A	i
10/6/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$44.00 ➝ $49.00	N/A	i
9/22/2017	B. Riley	Initiated Coverage	Buy	$36.00	Low	i
9/15/2017	Morgan Stanley	Boost Price Target	Underweight	$18.00 ➝ $21.00	Low	i
9/14/2017	Credit Suisse Group	Reiterated Rating	Hold		Medium	i
9/7/2017	The Goldman Sachs Group	Reiterated Rating	Hold	$37.00	Low	i
8/25/2017	Morgan Stanley	Lower Price Target	Underweight	$19.00 ➝ $18.00	High	i
8/11/2017	National Bank Financial	Reiterated Rating	Outperform Market Weight		N/A	i Rating by M. Kornack at National Bank Financial
8/11/2017	Desjardins	Reiterated Rating	Hold		N/A	i Rating by M. Markidis at Desjardins
8/4/2017	JPMorgan Chase & Co.	Initiated Coverage	Overweight ➝ Overweight	$39.00	High	i
6/28/2017	MKM Partners	Reiterated Rating	Buy	$40.00	Low	i
6/26/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy		N/A	i
6/14/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$45.00	High	i
5/15/2017	Credit Suisse Group	Lower Price Target	Neutral	$38.00 ➝ $27.00	N/A	i
5/9/2017	Raymond James	Upgrade	Market Perform ➝ Outperform	$42.00	Low	i
5/8/2017	Morgan Stanley	Lower Price Target	Underweight	$23.00 ➝ $19.00	Medium	i
5/5/2017	Credit Suisse Group	Lower Price Target	Neutral	$38.00 ➝ $27.00	Low	i
2/18/2017	Barclays	Set Price Target	Hold	$36.00	N/A	i
2/17/2017	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$38.00	N/A	i
12/15/2016	MKM Partners	Set Price Target	Buy	$47.00	N/A	i
11/18/2016	Morgan Stanley	Boost Price Target	Underweight	$20.00 ➝ $27.00	N/A	i
11/16/2016	Credit Suisse Group	Reiterated Rating	Buy	$44.00	N/A	i
10/24/2016	The Goldman Sachs Group	Initiated Coverage	Neutral	$30.00	N/A	i
9/28/2016	MKM Partners	Set Price Target	Buy	$47.00	N/A	i
9/27/2016	Barclays	Boost Price Target	Equal Weight	$33.00 ➝ $37.00	N/A	i
8/25/2016	Macquarie	Initiated Coverage	Outperform	$44.00	N/A	i
8/10/2016	Barclays	Boost Price Target	Equal Weight	$31.00 ➝ $33.00	N/A	i
8/4/2016	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$44.00 ➝ $45.00	N/A	i
8/3/2016	National Bank Financial	Reiterated Rating	Outperform Market Weight		N/A	i Rating by M. Kornack at National Bank Financial
8/3/2016	Desjardins	Reiterated Rating	Hold		N/A	i Rating by M. Markidis at Desjardins
8/3/2016	Credit Suisse Group	Reiterated Rating	Buy	$34.00	N/A	i
8/3/2016	Morgan Stanley	Reiterated Rating	Sell	$20.00	N/A	i

(Data available from 6/16/2016 forward)

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers. It operates the Avis brand, a vehicle rental system that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local and one-way truck rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 515 dealer-operated and 410 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 10,600 locations worldwide. 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.

Today's Range

Now: $87.83

$86.77

$90.25

50 Day Range

MA: $84.04

$74.35

$94.24

52 Week Range

Now: $87.83

$20.10

$95.10

Volume

976,252 shs

Average Volume

1,422,699 shs

Market Capitalization

$6.14 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.35

Frequently Asked Questions

What sell-side analysts currently cover shares of Avis Budget Group?

The following Wall Street research analysts have issued research reports on Avis Budget Group in the last twelve months: Bank of America Co., Barclays PLC, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for CAR.

What is the current price target for Avis Budget Group?

5 Wall Street analysts have set twelve-month price targets for Avis Budget Group in the last year. Their average twelve-month price target is $64.40, suggesting a possible downside of 26.7%. Morgan Stanley has the highest price target set, predicting CAR will reach $85.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $35.00 for Avis Budget Group in the next year.
View the latest price targets for CAR.

What is the current consensus analyst rating for Avis Budget Group?

Avis Budget Group currently has 5 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CAR, but not buy more shares or sell existing shares.
View the latest ratings for CAR.

What other companies compete with Avis Budget Group?

Other companies that are similar to Avis Budget Group include Old Dominion Freight Line, J.B. Hunt Transport Services, AMERCO, Knight-Swift Transportation, Landstar System, Saia, Ryder System, Werner Enterprises, Heartland Express, Marten Transport and FRP.

How do I contact Avis Budget Group's investor relations team?

Avis Budget Group's physical mailing address is 6 SYLVAN WAY, PARSIPPANY NJ, 07054. The business services provider's listed phone number is 973-496-4700 and its investor relations email address is [email protected] The official website for Avis Budget Group is www.avisbudgetgroup.com.