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Avis Budget Group, Inc. (CAR) [hlAlert]

Rating:
Overweight
CAR
up 190.40 %

Avis Budget Group, Inc. (CAR) rated Overweight with price target $36 by JP Morgan

Posted on: Wednesday,  Oct 9, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Avis Budget Group, Inc. (NASDAQ: CAR) on 10/09/2013. Previously JP Morgan rated Overweight Avis Budget Group, Inc. (NASDAQ: CAR)
on 04/12/2010., when the stock price was $15.01. Since then, Avis Budget Group, Inc. has gained 190.41% as of 12/14/2015's recent price of $43.59.
If you would have followed the previous JP Morgan's recommendation on CAR, you would have gained 190.4% of your investment in 2072 days.

Avis Budget Group, Inc. (Avis Budget) provides car and truck rentals and ancillary services to businesses and consumers in the United States and internationally. The Company operates two of the brands in the global vehicle rental industry through Avis and Budget. Avis is a rental car supplier to the commercial and leisure segments of the travel industry and Budget is a rental car supplier to the price-conscious segments of the industry. The Company operates in three business segments: Domestic Car Rental, consisting of its Avis and Budget United States car rental operations; International Car Rental, consisting of its international Avis and Budget car rental operations, and truck rental, consisting of its Budget truck rental operations.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/9/2013 8:25 AM Buy
None
28.67 36.00
as of 12/13/2013
1 Week down  -1.36 %
1 Month up  6.83 %
3 Months up  20.39 %
1 YTD up  82.29 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/12/2010 8:25 AM Buy
None
15.01 20.00

(*) Stock Price at the time of the recommendation.
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