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

Rating:
Buy CAR
up 1.16 %

Avis Budget Group, Inc. (CAR) upgraded to Buy with price target $60 by Deutsche Bank

Posted on: Wednesday,  Jul 15, 2015  12:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Avis Budget Group, Inc. (NASDAQ: CAR) on 07/15/2015, when the stock price was $43.09.
Since then, Avis Budget Group, Inc. has gained 1.16% as of 12/14/2015's recent price of $43.59.
If you would have followed this Deutsche Bank's recommendation on CAR, you would have gained 1.16% of your investment in 152 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2015 12:25 PM Buy
None
43.09 60.00
as of 8/27/2015
1 Week up  3.31 %
1 Month down  -11.76 %
3 Months up  1.16 %
1 YTD up  1.16 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2014 12:00 AM Hold
None
59.92 58.00
12/11/2013 1:25 PM Hold
None
36.39 42.00

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