Analyst Rating Update on United Rentals (URI)

United Rentals (NYSE:URI) has an average broker rating of 2.43, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 9 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. 1 considers that the stock is a Sell.

United Rentals (NYSE:URI) : Average target price received by United Rentals (NYSE:URI) is $66.22 with an expected standard deviation of $10.79. The most aggressive target on the stock is $80, whereas the most downbeat target is $50. 9 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Citigroup maintains its rating on United Rentals (NYSE:URI). As per the latest information, the brokerage house raises the price target to $85 per share from a prior target of $72. The shares have been rated Buy. The rating by the firm was issued on June 13, 2016.

United Rentals (NYSE:URI): stock turned positive on Tuesday. Though the stock opened at $63.5, the bulls momentum made the stock top out at $64.085 level for the day. The stock recorded a low of $61.83 and closed the trading day at $62.97, in the green by 1.12%. The total traded volume for the day was 2,265,860. The stock had closed at $62.27 in the previous days trading.

In an insider trading activity, Mcallister Singleton B, director of United Rentals Inc /De, unloaded 5,600 shares at an average price of $60.69 on May 13, 2016. The total amount of the transaction was worth $339,864, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

United Rentals, Inc. (United Rentals) is a holding company engaged in the business of equipment rental. The Company conducts its operations through its wholly owned subsidiary, United Rentals (North America), Inc. (URNA), and its subsidiaries. It operates in two segments: general rentals and trench safety, power and heating, ventilating and air conditioning (HVAC), and pump solutions. The general rentals segment consists of around 12 geographic regions, including eastern Canada, Gulf South, Mid-Atlantic, Mid-Central, Midwest, Mountain West, Northeast, Pacific West, South, Southeast and Western Canada, among others. The trench safety, power and HVAC, and pump solutions segment includes the rental of specialty construction products and related services. It offers approximately 3,300 classes of equipment on an hourly, daily, weekly or monthly basis to construction and industrial companies, manufacturers, utilities, municipalities, homeowners, Government entities and other customers.

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