In a report issued on July 6, Mircea Dobre from Robert W. Baird maintained a Hold rating on Herc Holdings (HRI – Research Report), with a price target of $109.00. The company’s shares closed last Wednesday at $90.89, close to its 52-week low of $83.43.
According to TipRanks.com, Dobre is a 5-star analyst with an average return of 10.5% and a 44.0% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Lincoln Electric Holdings, and John Bean Technologies.
Currently, the analyst consensus on Herc Holdings is a Strong Buy with an average price target of $165.20.
Herc Holdings’ market cap is currently $2.72B and has a P/E ratio of 11.08.
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Herc Holdings, Inc., engages as a equipment rental suppliers. It operates through the United States, and International geographical segments. It offers equipment rental, used equipment sales, solutions, account management, and credit application. The company was founded in 1965 and is headquartered in Bonita Springs, FL.
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