Avis Budget Group (NASDAQ:CAR) Stock Rating Upgraded by BidaskClub

Avis Budget Group (NASDAQ:CAR) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Friday, BidAskClub reports.

Several other research analysts have also recently issued reports on CAR. JPMorgan Chase & Co. increased their price target on Avis Budget Group from $13.00 to $22.00 and gave the stock a “neutral” rating in a research note on Friday, June 19th.

Read More

Avis Budget Group Inc. (NASDAQ:CAR) Expected to Announce Quarterly Sales of $1.38 Billion

Equities research analysts expect Avis Budget Group Inc. (NASDAQ:CAR) to report sales of $1.38 billion for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Avis Budget Group’s earnings. The highest sales estimate is $1.40 billion and the lowest is $1.37 billion. Avis Budget Group posted sales of $2.75 billion in the same quarter last year, which suggests a negative year over year growth

Read More

Avis extends layoffs as coronavirus continues to hurt car rental business

Syracuse, N.Y. — Avis is extending the furloughs of 50 workers and has made permanent the layoffs of 17 others as the coronavirus pandemic continues to take a toll on the travel industry.



a sign on the side of a road: A sign directs Avis customers where to return car rentals at Syracuse Hancock International Airport on Thursday, Sept. 24, 2020.


© Rick Moriarty | [email protected]/Rick Moriarty | [email protected]/syracuse.com/TNS
A sign directs Avis customers where to return car rentals at Syracuse Hancock International Airport on Thursday, Sept. 24, 2020.

Avis Budget Car Rental LLC filed a notice under

Read More

Is AutoNation’s Stock Overvalued Compared To Avis Budget?

An automotive retailer which deals in new and pre-owned vehicles, Aut0Nation’s (NYSE: AN) P/S (price-to-sales) multiple of 0.2x is similar to the figure of 0.2x for Avis Budget Group (NASDAQ: CAR), a global car rentals provider. So, is Autonation

Read More