Avis Budget Group (CAR) Stock Forecast & Price Target

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$103.20

-2.15 (-2.04%)

(As of 11:20 AM ET)

Avis Budget Group Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$182.14
76.50% Upside

High Forecast	$248.00
Average Forecast	$182.14
Low Forecast	$130.00

Type	Current Forecast 4/19/23 to 4/18/24	1 Month Ago 3/20/23 to 3/19/24	3 Months Ago 1/19/23 to 1/19/24	1 Year Ago 4/19/22 to 4/19/23
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	4 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$182.14	$192.83	$225.40	$225.14
Predicted Upside	76.50% Upside	40.59% Upside	3.32% Upside	6.16% Upside

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CAR Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CAR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Avis Budget Group Stock vs. The Competition

Type	Avis Budget Group	Transportation Companies	S&P 500
Consensus Rating Score	2.71	2.54	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	72.89% Upside	40.48% Upside	12.27% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/10/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$190.00 ➝ $187.00	+51.34%
4/4/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$118.00 ➝ $130.00	+7.34%
3/25/2024	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$155.00	+36.60%
3/19/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$170.00	+57.23%
2/14/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$280.00 ➝ $240.00	+94.32%
2/14/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$195.00 ➝ $145.00	+11.70%
1/25/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$234.00 ➝ $248.00	+48.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:34 AM ET.

CAR Price Target - Frequently Asked Questions

What is Avis Budget Group's consensus rating and price target?: According to the issued ratings of 7 analysts in the last year, the consensus rating for Avis Budget Group stock is Moderate Buy based on the current 2 hold ratings and 5 buy ratings for CAR. The average twelve-month price prediction for Avis Budget Group is $182.14 with a high price target of $248.00 and a low price target of $130.00. Learn more on CAR's analyst rating history.
Do Wall Street analysts like Avis Budget Group more than its competitors?: Analysts like Avis Budget Group more than other Transportation companies. The consensus rating score for Avis Budget Group is 2.71 while the average consensus rating score for transportation companies is 2.53. Learn more on how CAR compares to other companies.
Is Avis Budget Group being upgraded by Wall Street analysts?: Over the previous 90 days, Avis Budget Group's stock had 3 upgrades by analysts.

Does Avis Budget Group's stock price have much upside?: According to analysts, Avis Budget Group's stock has a predicted upside of 43.83% based on their 12-month stock forecasts.
What analysts cover Avis Budget Group?: Avis Budget Group has been rated by Bank of America, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Northcoast Research, Susquehanna, and The Goldman Sachs Group in the past 90 days.

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This page (NASDAQ:CAR) was last updated on 4/18/2024 by MarketBeat.com Staff

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Avis Budget Group (CAR) Stock Forecast & Price Target

Avis Budget Group Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

CAR Analyst Ratings By Month

CAR Price Targets by Month

Avis Budget Group Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

CAR Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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