Hertz Global Holdings PT Raised to $33.00 (HTZ)
Research analysts at MKM Partners boosted their price target on shares of Hertz Global Holdings (NYSE:HTZ) from $28.00 to $33.00 in a report released on Thursday, Analyst RN reports. The firm currently has a “buy” rating on the stock. MKM Partners’ price target suggests a potential upside of 23.60% from the stock’s previous close.
In other Hertz Global Holdings news, Insider Michel Taride unloaded 400,000 shares of the stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $27.71, for a total transaction of $11,084,000.00. Following the completion of the sale, the insider now directly owns 121,067 shares in the company, valued at approximately $3,354,767. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs Group Inc. downgraded shares of Hertz Global Holdings from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday. They now have a $29.00 price target on the stock, up previously from $27.50. Separately, analysts at Morgan Stanley raised their price target on shares of Hertz Global Holdings from $18.00 to $20.00 in a research note to investors on Thursday, January 9th. Finally, analysts at Zacks downgraded shares of Hertz Global Holdings from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, January 2nd. They now have a $27.20 price target on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company’s stock. Hertz Global Holdings currently has a consensus rating of “Buy” and an average price target of $27.58.
Hertz Global Holdings, Inc (NYSE:HTZ) is a holding company.
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