Hertz Global Holdings Given Consensus Rating of “Hold” by Analysts (NYSE:HTZ)
Shares of Hertz Global Holdings (NYSE:HTZ) have received a consensus recommendation of “Hold” from the eleven ratings firms that are currently covering the company, Stock Ratings News reports. Six equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $28.49.
Shares of Hertz Global Holdings (NYSE:HTZ) opened at 30.31 on Tuesday. Hertz Global Holdings has a one year low of $19.73 and a one year high of $31.61. The stock’s 50-day moving average is $28.84 and its 200-day moving average is $27.97. The company has a market cap of $13.569 billion and a price-to-earnings ratio of 39.88.
Several analysts have recently commented on the stock. Analysts at Gabelli cut their price target on shares of Hertz Global Holdings from $44.00 to $36.00 in a research note on Wednesday, August 20th. They now have a “buy” rating on the stock. Separately, analysts at Deutsche Bank downgraded shares of Hertz Global Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, August 20th. They now have a $25.00 price target on the stock, down previously from $33.00. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Hertz Global Holdings from an “overweight” rating to a “neutral” rating in a research note on Wednesday, August 20th. They now have a $25.00 price target on the stock, down previously from $32.00.
Hertz Global Holdings, Inc (NYSE:HTZ) is a holding company.
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