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Hertz Global Holdings, Inc (HTZ) [hlAlert]

Rating:
Mkt Outperform
HTZ
up 79.08 %

Hertz Global Holdings, Inc (HTZ) rated Mkt Outperform with price target $15 by Avondale

Posted on: Wednesday,  Jun 23, 2010  12:25 PM ET by Avondale

Avondale rated Mkt Outperform Hertz Global Holdings, Inc (NYSE: HTZ) on 06/23/2010, when the stock price was $10.04.
Since then, Hertz Global Holdings, Inc has gained 79.08% as of 11/10/2015's recent price of $17.98.
If you would have followed this Avondale's recommendation on HTZ, you would have gained 79.08% of your investment in 1966 days.

Hertz Global Holdings, Inc. (Hertz Holdings) is a general use car rental brand and is engaged in equipment rental businesses in the United States and Canada. The Company and its independent licensees and associates accept reservations for car rentals at approximately 8,100 locations in approximately 145 countries. In the Company?s equipment rental business segment, it rents equipment through approximately 345 branches in the United States, Canada, France, Spain and China, as well as through its international licensees. It operates in two segments: car rental and equipment rental. In April 2009, the Company completed the acquisition of Advantage Rent A Car assets. In July 2009, Matthews Equipment Limited, Hertz Holdings? Canadian equipment rental subsidiary, acquired assets of the equipment rental business conducted by J.D. Irving, Limited under the name Irving Industrial Rentals (IIR).

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/23/2010 12:25 PM Buy
None
10.04 15.00
as of 12/31/2010
1 Week down  -1.89 %
1 Month up  13.86 %
3 Months up  31.82 %
1 YTD up  39.04 %

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