Hertz Global Holdings Inc (HTZ) Receives Price Target

Hertz Global Holdings Inc (HTZ) : The most positive equity analysts on Hertz Global Holdings Inc (HTZ) expects the shares to touch $63, whereas, the least positive believes that the stock will trade at $60 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $61.5 with an expected fluctuation of $2.12 from the mean.

Hertz Global Holdings Inc (HTZ) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Macquarie initiates coverage on Hertz Global Holdings Inc (NYSE:HTZ). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Macquarie announces a current price target of $56 per share. The rating by the firm was issued on August 25, 2016.

Hertz Global Holdings Inc (NYSE:HTZ): The stock opened at $49.64 on Thursday but the bulls could not build on the opening and the stock topped out at $50.14 for the day. The stock traded down to $48.50 during the day, due to lack of any buying support eventually closed down at $49.23 with a loss of -0.06% for the day. The stock had closed at $49.26 on the previous day. The total traded volume was 581,620 shares.

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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