Barclays initiated coverage on Avis Budget with a new price target
$CAR
Rental/Leasing Companies
Consumer Discretionary
Barclays initiated coverage of Avis Budget with a rating of Equal Weight and set a new price target of $105.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | Buy → Neutral | Northcoast | |
| 9/19/2024 | $105.00 | Equal Weight | Barclays |
| 4/4/2024 | $118.00 → $130.00 | Sell → Neutral | Goldman |
| 3/25/2024 | $155.00 | Neutral → Buy | Northcoast |
| 3/19/2024 | $170.00 | Buy | BofA Securities |
| 1/25/2024 | $234.00 → $248.00 | Hold → Buy | Deutsche Bank |
| 7/20/2023 | $263.00 | Buy → Hold | Deutsche Bank |
| 6/20/2023 | $182.00 → $230.00 | Equal-Weight → Overweight | Morgan Stanley |
8-K - AVIS BUDGET GROUP, INC. (0000723612) (Filer)
8-K - AVIS BUDGET GROUP, INC. (0000723612) (Filer)
8-K - AVIS BUDGET GROUP, INC. (0000723612) (Filer)
4 - AVIS BUDGET GROUP, INC. (0000723612) (Issuer)
4 - AVIS BUDGET GROUP, INC. (0000723612) (Issuer)
4 - AVIS BUDGET GROUP, INC. (0000723612) (Issuer)
PARSIPPANY, N.J., June 09, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced the appointment of Daniel Cunha as Chief Financial Officer, effective July 1, 2025. Mr. Cunha will lead ABG's finance functions and partner with other senior leaders to set and deliver on the Company's long-term strategic and financial objectives. Izzy Martins will be leaving the Company on June 30, 2025, to pursue another opportunity. Mr. Cunha joins ABG from Orion Services Group, a private equity owned commercial field services company, where he served as CFO for the past year. Prior to Orion, Mr. Cunha was the CFO of Ocean Spray and Heinz North America. Mr. Cunha started his career
PARSIPPANY, N.J., May 14, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) (the "Company") announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the "Issuers"), priced a private offering of $600 million aggregate principal amount of 8.375% senior notes due 2032 (the "Notes"), which represents a $100 million increase from the previously announced size of the offering. The Notes will have a maturity date of June 15, 2032. The closing of the offering of the Notes is expected to occur on May 19, 2025, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis
PARSIPPANY, N.J., May 14, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) (the "Company") announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the "Issuers"), intend, subject to market and other customary conditions, to offer $500 million aggregate principal amount of senior notes due 2032 (the "Notes") in a private offering. The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries. The Company intends to use the net proceeds from the offering of the Notes for general corporate purposes, which may include repayment of indebtedness, including, wi
PARSIPPANY, N.J., April 17, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that it plans to report its first quarter 2025 results after the market close on Wednesday, May 7th, 2025, and to host a conference call for institutional investors to discuss these results on Thursday, May 8th, 2025 at 8:30 a.m. Eastern time. Investors may access the call at ir.avisbudgetgroup.com, or by dialing (877)-407-2991. Investors are encouraged to dial in approximately 10 minutes prior to the call. A web replay will be available at ir.avisbudgetgroup.com following the call. A telephone replay will be available from 12:30 p.m. Eastern time on May 8th, 2025, until 10:00 p.m. on
PARSIPPANY, N.J., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that it plans to report its fourth quarter 2024 results after the market close on Tuesday, February 11th, 2025, and to host a conference call for institutional investors to discuss these results on Wednesday, February 12th, 2025 at 8:30 a.m. Eastern time. Investors may access the call at ir.avisbudgetgroup.com, or by dialing (877)-407-2991. Investors are encouraged to dial in approximately 10 minutes prior to the call. A web replay will be available at ir.avisbudgetgroup.com following the call. A telephone replay will be available from 11:00 a.m. Eastern time on February 12th, 2025, un
PARSIPPANY, N.J., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that it plans to report its third quarter 2024 results after the market close on Thursday, October 31st, 2024, and to host a conference call for institutional investors to discuss these results on Friday, November 1st, 2024 at 8:30 a.m. Eastern time. Investors may access the call at ir.avisbudgetgroup.com, or by dialing (877)-407-2991. Investors are encouraged to dial in approximately 10 minutes prior to the call. A web replay will be available at ir.avisbudgetgroup.com following the call. A telephone replay will be available from 11:00 a.m. Eastern time on November 1st, 2024, until 10
Northcoast downgraded Avis Budget from Buy to Neutral
Barclays initiated coverage of Avis Budget with a rating of Equal Weight and set a new price target of $105.00
Goldman upgraded Avis Budget from Sell to Neutral and set a new price target of $130.00 from $118.00 previously
SC 13G/A - AVIS BUDGET GROUP, INC. (0000723612) (Subject)
SC 13G/A - AVIS BUDGET GROUP, INC. (0000723612) (Subject)
SC 13G/A - AVIS BUDGET GROUP, INC. (0000723612) (Subject)
PARSIPPANY, N.J., June 09, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced the appointment of Daniel Cunha as Chief Financial Officer, effective July 1, 2025. Mr. Cunha will lead ABG's finance functions and partner with other senior leaders to set and deliver on the Company's long-term strategic and financial objectives. Izzy Martins will be leaving the Company on June 30, 2025, to pursue another opportunity. Mr. Cunha joins ABG from Orion Services Group, a private equity owned commercial field services company, where he served as CFO for the past year. Prior to Orion, Mr. Cunha was the CFO of Ocean Spray and Heinz North America. Mr. Cunha started his career