United Rentals (URI) Shares are Up 2.53%

United Rentals (URI) : Traders are bullish on United Rentals (URI) as it has outperformed the S&P 500 by a wide margin of 3.47% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.53% in the last 1 week, and is up 3.25% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 4.2% and the fifty day Moving Average is 12.07%. United Rentals, Inc. is up 20.26% in the last three month period. Year-to-Date the stock performance stands at 13.4%.

United Rentals (URI) : 9 investment research analysts covering United Rentals (URI) have an average price target of $76.22 for the near short term. The highest target price given by the Brokerage Firm to the stock is $92 and the lowest target is $50 for the short term. Analysts expect the variance to be within $15.21 of the average price.


United Rentals (NYSE:URI): stock turned positive on Friday. Though the stock opened at $81.57, the bulls momentum made the stock top out at $83.76 level for the day. The stock recorded a low of $81.42 and closed the trading day at $82.26, in the green by 1.29%. The total traded volume for the day was 1,867,704. The stock had closed at $81.21 in the previous days trading.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *