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Barclays Stick to Their Buy Rating for Hertz Global By Investing.com

Barclays (LON:) analyst Brian Johnson maintained a Buy rating on Hertz Global on Friday, setting a price target of $28, which is approximately 7.78% above the present share price of $25.98.

Johnson expects Hertz Global to post earnings per share (EPS) of $1.21 for the fourth quarter of 2021.

The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Hertz Global, with an average price target of $30.2.
The analysts price targets range from a high of $34 to a low of $27.

In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $2.23 billion and a net profit of $808 million. The company’s market cap is $12.03 billion.

According to TipRanks.com, Barclays analyst Brian Johnson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.6% and a 49.41% success rate.

Hertz Global Holdings (OTC:) Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees. The highest segment by revenue is the U.S. car rental unit.

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