Entry level $35.25 = Target price $44.00 = Stop loss $34.00 Levels of Interest = $36.75 which is considerable resistance. Has made a very bullish reversal from, the lows and speculation is gathering steam that the company could be taken private which would result in a considerable upside target for the stock. Very speculative but bullish technicals help build the case for a long trade. P/E ratio = 15 Short interest = 13.26% Average Recommendation:Overweight Average Target Price:$37.88 5 BUY 0 OVERWEIGHT 2 HOLD 1 SELL
Company profile 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 ancillary products and services. 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.
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