Avis Budget Group (CAR) has a very interesting forecast
What’s up with Avis Budget Group?
Avis Budget Group (CAR) opened at $13.01, which means the stock is down 0.12% from yesterday’s closing price of 13.90. Today, the company has a high of $14.93 and a low of $12.89. The company has a market cap of $971.70 million with a 52-week high of $52.98 and a 52-week low of $6.35.
What about the future for Avis Budget Group?
The high forecast for Avis Budget Group is 60.00 while the low is 7.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Avis Budget Group has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future.. Based on this information CAR seems to be a safe buy.
About Avis Budget Group
Avis Budget Group, Inc. engages in the provision of vehicle sharing and rental services. It operates through the Americas and International segments. The Americas segment licenses the company’s brands to third parties for vehicle rentals and and ancillary products and services in North America, South America, Central America, and the Caribbean. The International segment leases out vehicles in Europe, the Middle East, Africa, Asia, and Australasia. The company was founded by Warren E. Avis in 1946 and is headquartered in Parsippany, NJ.