Hertz Global Holdings Target of Unusually Large Options Trading (HTZ)
Shares of Hertz Global Holdings (NYSE:HTZ) were the recipient of unusually large options trading on Tuesday. Stock investors bought 12,435 put options on the stock, Analyst Ratings Network reports. This represents an increase of 156% compared to the typical volume of 4,861 put options.
HTZ has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Hertz Global Holdings from an “underperform” rating to a “neutral” rating in a research note on Thursday, June 5th. They now have a $31.00 price target on the stock. Finally, analysts at Wells Fargo & Co. reiterated a “positive” rating on shares of Hertz Global Holdings in a research note on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $30.00.
Hertz Global Holdings (NYSE:HTZ) traded up 0.97% on Tuesday, hitting $27.03. The stock had a trading volume of 15,180,447 shares. Hertz Global Holdings has a 1-year low of $19.73 and a 1-year high of $30.52. The stock has a 50-day moving average of $28. and a 200-day moving average of $27.08. The company has a market cap of $12.101 billion and a P/E ratio of 35.22.
Hertz Global Holdings, Inc (NYSE:HTZ) is a holding company.
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