Hertz Global Holdings Downgraded to Underperform at Zacks (HTZ)
Hertz Global Holdings (NYSE:HTZ) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued on Friday. They currently have a $27.50 price target on the stock. Zacks‘s target price points to a potential downside of 5.01% from the stock’s previous close.
Other equities research analysts have also recently issued reports about 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. 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. Hertz Global Holdings has an average rating of “Hold” and an average target price of $29.56.
Shares of Hertz Global Holdings (NYSE:HTZ) traded up 0.77% on Friday, hitting $28.95. 1,709,945 shares of the company’s stock traded hands. Hertz Global Holdings has a 52-week low of $19.73 and a 52-week high of $30.52. The stock’s 50-day moving average is $28.41 and its 200-day moving average is $27.39. The company has a market cap of $12.960 billion and a P/E ratio of 37.80.
Hertz Global Holdings, Inc (NYSE:HTZ) is a holding company.
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