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Hertz Global (HTZ) Stock Forecast & Price Target

$3.90
-0.05 (-1.27%)
(As of 12:21 PM ET)

Hertz Global - Analysts' Recommendations 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.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for Hertz Global in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 2 have given a sell rating, and 6 have given a hold rating for HTZ.

Consensus Price Target

$7.56
93.91% Upside
High Forecast$21.00
Average Forecast$7.56
Low Forecast$2.50

According to the 8 analysts' twelve-month price targets for Hertz Global, the average price target is $7.56. The highest price target for HTZ is $21.00, while the lowest price target for HTZ is $2.50. The average price target represents a forecasted upside of 93.91% from the current price of $3.90.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Reduce
Reduce
Reduce
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
4 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
3 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$7.56$8.31$12.38$23.14
Forecasted Upside93.91% Upside21.13% Upside40.89% Upside28.32% Upside
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HTZ Analyst Recommendations 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.
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HTZ 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.
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Hertz Global Stock vs. The Competition

TypeHertz GlobalTransportation CompaniesS&P 500
Consensus Rating Score
1.75
2.53
2.51
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside91.46% Upside31.77% Upside9.26% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/22/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$7.00 ➝ $6.00+60.86%
7/10/2024The Goldman Sachs Group
2 of 5 stars
 Lower TargetSell ➝ Sell$4.00 ➝ $3.00-6.83%
7/5/2024Oppenheimer
3 of 5 stars
 Reiterated RatingMarket Perform ➝ Market Perform
6/13/2024Bank of America
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 Lower TargetUnderperform ➝ Underperform$3.00 ➝ $2.50-26.69%
4/30/2024Susquehanna
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 Lower TargetNeutral ➝ Neutral$10.00 ➝ $5.00+4.82%
4/18/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$10.00 ➝ $6.00-0.50%
4/10/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$10.00 ➝ $9.00+15.38%
1/19/2024Jefferies Financial Group
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 Reiterated RatingBuy ➝ Hold$12.00 ➝ $8.00-11.01%
5/30/2023Tigress Financial
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 Lower Target$34.00 ➝ $28.00+77.33%
12/6/2022Susquehanna Bancshares
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 Initiated CoverageNeutral$18.00+11.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:40 PM ET.

HTZ Forecast - Frequently Asked Questions

What is Hertz Global's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Hertz Global is $7.56, with a high forecast of $21.00 and a low forecast of $2.50.

Should I buy or sell Hertz Global stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hertz Global in the last year. There are currently 2 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" HTZ shares.

Does Hertz Global's stock price have much upside?

According to analysts, Hertz Global's stock has a predicted upside of 24.68% based on their 12-month stock forecasts.

Has Hertz Global been downgraded by Wall Street analysts recently?

Over the previous 90 days, Hertz Global's stock had 1 downgrade by analysts.

What analysts cover Hertz Global?

Hertz Global has been rated by research analysts at Bank of America, JPMorgan Chase & Co., Oppenheimer, Susquehanna, and The Goldman Sachs Group in the past 90 days.

Do Wall Street analysts like Hertz Global more than its competitors?

Analysts like Hertz Global less than other "transportation" companies. The consensus rating for Hertz Global is Reduce while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how HTZ compares to other companies.


This page (NASDAQ:HTZ) was last updated on 7/23/2024 by MarketBeat.com Staff

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