Hertz Global Holdings (NYSE:HTZ) had its target price decreased by Barclays from $31.00 to $27.00 in a research note released on Tuesday morning, AnalystRatings.Net reports. They currently have an overweight rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Hertz Global Holdings in a research note to investors on Wednesday, October 9th. They set an overweight rating on the stock. Separately, analysts at Zacks downgraded shares of Hertz Global Holdings from a neutral rating to an underperform rating in a research note to investors on Tuesday, October 1st. They now have a $21.10 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a buy rating on shares of Hertz Global Holdings in a research note to investors on Thursday, September 26th. They now have a $31.00 price target on the stock. Two analysts have rated the stock with a sell rating and seven have given a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $27.01.
Shares of Hertz Global Holdings (NYSE:HTZ) traded up 2.48% on Tuesday, hitting $23.99. 5,403,468 shares of the company’s stock traded hands. Hertz Global Holdings has a 52 week low of $12.97 and a 52 week high of $27.75. The stock has a 50-day moving average of $25.13 and a 200-day moving average of $24.27. The company has a market cap of $9.632 billion and a price-to-earnings ratio of 30.44.
Hertz Global Holdings (NYSE:HTZ) last announced its earnings results on Monday, July 29th. The company reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. The company had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 22.0% on a year-over-year basis. Analysts expect that Hertz Global Holdings will post $1.74 EPS for the current fiscal year.
Hertz Global Holdings, Inc (NYSE:HTZ) is a holding company.
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