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Hertz Global Holdings (NYSE:HTZ) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Thursday. The firm currently has a $31.00 target price on the stock. Zacks‘s price target suggests a potential upside of 2.51% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Wells Fargo & Co. reiterated a “positive” rating on shares of Hertz Global Holdings in a research note on Thursday, April 17th. Separately, analysts at Gabelli initiated coverage on shares of Hertz Global Holdings in a research note on Wednesday, April 16th. They set a “buy” rating and a $32.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Hertz Global Holdings from $35.00 to $33.00 in a research note on Wednesday, March 19th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Hertz Global Holdings currently has an average rating of “Buy” and a consensus price target of $30.00.

Shares of Hertz Global Holdings (NYSE:HTZ) traded up 0.30% during mid-day trading on Thursday, hitting $30.33. The stock had a trading volume of 3,237,143 shares. Hertz Global Holdings has a 1-year low of $19.73 and a 1-year high of $30.50. The stock’s 50-day moving average is $28.67 and its 200-day moving average is $26.86. The company has a market cap of $13.578 billion and a price-to-earnings ratio of 39.79. Hertz Global Holdings also saw some unusual options trading activity on Monday. Investors acquired 13,928 call options on the stock. This is an increase of approximately 129% compared to the average daily volume of 6,087 call options.

Hertz Global Holdings (NYSE:HTZ) last announced its earnings results on Tuesday, March 18th. The company reported $0.26 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.32 by $0.06. The company had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. On average, analysts predict that Hertz Global Holdings will post $1.86 earnings per share for the current fiscal year.

Hertz Global Holdings, Inc (NYSE:HTZ) is a holding company.

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