Hertz Global Holdings, Inc (NYSE:HTZ)‘s stock had its “sell” rating restated by equities research analysts at Goldman Sachs Group, Inc. (The) in a report released on Thursday.

HTZ has been the topic of several other reports. Deutsche Bank AG set a $14.00 price objective on shares of Hertz Global Holdings and gave the stock a “hold” rating in a report on Wednesday, August 9th. BidaskClub lowered shares of Hertz Global Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. ValuEngine upgraded shares of Hertz Global Holdings from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Zacks Investment Research lowered shares of Hertz Global Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Finally, MKM Partners reiterated a “buy” rating and set a $22.00 price objective on shares of Hertz Global Holdings in a report on Thursday, August 10th. Five analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $16.57.

Hertz Global Holdings (HTZ) traded up 5.29% during midday trading on Thursday, hitting $22.50. 8,006,591 shares of the stock were exchanged. The firm has a 50 day moving average of $17.48 and a 200-day moving average of $15.39. The stock’s market cap is $1.88 billion. Hertz Global Holdings has a 12-month low of $8.52 and a 12-month high of $52.08.

Hertz Global Holdings (NYSE:HTZ) last announced its quarterly earnings data on Tuesday, August 8th. The transportation company reported ($0.63) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by $0.51. The company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.22 billion. Hertz Global Holdings had a negative return on equity of 10.27% and a negative net margin of 8.96%. The company’s revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.41 earnings per share. On average, equities analysts expect that Hertz Global Holdings will post ($1.63) earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of HTZ. BlueCrest Capital Management Ltd purchased a new position in Hertz Global Holdings in the second quarter valued at approximately $147,000. Suntrust Banks Inc. raised its holdings in Hertz Global Holdings by 2.2% in the second quarter. Suntrust Banks Inc. now owns 13,107 shares of the transportation company’s stock valued at $150,000 after buying an additional 285 shares during the period. Segantii Capital Management Ltd purchased a new position in Hertz Global Holdings in the first quarter valued at approximately $167,000. Nisa Investment Advisors LLC purchased a new position in Hertz Global Holdings in the first quarter valued at approximately $174,000. Finally, OLD Mutual Customised Solutions Proprietary Ltd. raised its holdings in Hertz Global Holdings by 146.0% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 9,940 shares of the transportation company’s stock valued at $174,000 after buying an additional 5,900 shares during the period.

About Hertz Global Holdings

Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.

Analyst Recommendations for Hertz Global Holdings (NYSE:HTZ)

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