United Rentals (NYSE:URI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.43 by 15 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Citigroup maintains its outlook on United Rentals (NYSE:URI). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $72 per share to $85 per share. The rating by the firm was issued on June 13, 2016.
United Rentals (NYSE:URI): According to 9 Analysts, The short term target price has been estimated at $ 65.67.The target price could deviate by a maximum of $10.1 from the forecast price. In the near term, the target price could hit a high of $75 and a low of $ 50.
United Rentals (NYSE:URI) rose 0.16% or 0.11 points on Tuesday and made its way into the gainers of the day. After trading began at $69.2 the stock was seen hitting $69.48 as a peak level and $67.95 as the lowest level. The stock ended up at $68.96. The daily volume was measured at 1,224,546 shares. The 52-week high of the share price is $93.35 and the 52-week low is $41.9. The company has a market cap of $6,103 million.
United Rentals, Inc. has dropped 1.49% in the last five trading days, however, the shares have posted positive gains of 5.65% in the last 4 weeks. United Rentals, Inc. is up 8.14% in the last 3-month period. Year-to-Date the stock performance stands at -4.94%.
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.