Hertz Global Holdings Inc (HTZ) Receives Analyst Rating

Hertz Global Holdings Inc (HTZ) : The consensus on Hertz Global Holdings Inc (HTZ) based on 4 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Hertz Global Holdings Inc (HTZ) : The consensus price target for Hertz Global Holdings Inc (HTZ) is $60 for the short term with a standard deviation of $3. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $63, however, the pessimist price target for the company is $57.


Also, Macquarie initiates coverage on Hertz Global Holdings Inc (NYSE:HTZ). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm announces the price target at $56 per share. The rating by the firm was issued on August 25, 2016.

Hertz Global Holdings Inc (NYSE:HTZ): After opening at $47.31, the stock dipped to an intraday low of $47.08 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $48.21 and the buying power remained strong till the end. The stock closed at $48.04 for the day, a gain of 1.07% for the day session. The total traded volume was 550,695. The stocks close on the previous trading day was $47.53.

Hertz Global Holdings, Inc. is a holding company. The Company operates car rental business through its Hertz, Dollar, Thrifty and Firefly brands. The Companys operating segments are U.S. Car Rental, International Car Rental, Worldwide Equipment Rental and All Other Operations. As of December 31, 2014, the Company operated 10,880 corporate and franchisee locations in North America, Europe, Latin and South America, Asia, Australia, Africa, the Middle East and New Zealand. Its brands maintain separate airport counters, reservations and reservation systems, marketing and all other customer contact activities. Its Hertz brand has approximately 9,395 corporate and franchisee locations in 145 countries. Its Dollar and Thrifty brands combined have approximately 1,380 corporate and franchisee locations in 77 countries and Firefly brand has approximately 105 corporate and franchisee locations in 12 countries. Its equipment rental business is operated through the Hertz Equipment Rental brand.

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