Stifel Nicolaus analyst Stanley Elliott maintained a Buy rating on United Rentals (URI – Research Report) yesterday and set a price target of $425.00. The company’s shares closed yesterday at $347.20.
According to TipRanks, Elliott is a 5-star analyst with an average return of 14.2% and a 65.12% success rate. Elliott covers the Industrial Goods sector, focusing on stocks such as Agco, Timken Company, and Generac Holdings.
United Rentals has an analyst consensus of Moderate Buy, with a price target consensus of $367.38, a 5.81% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a $420.00 price target.
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The company has a one-year high of $386.86 and a one-year low of $230.54. Currently, United Rentals has an average volume of 727.3K.
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United Rentals, Inc. engages in the equipment rental business. It offers rent to construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities. The company operates through two business segments: General Rentals; and Trench, power and fluid solutions. The General Rentals segment engages in the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. The trench, power and fluid solutions segment includes the rental of specialty construction products and related services. It comprises of Trench Safety region, which rents trench safety equipment such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers and line testing equipment for underground work, the Power and HVAC region that rents power and HVAC equipment such as portable diesel generators, electrical distribution equipment, and temperature control equipment including heating and cooling equipment, the Pump Solutions region involves in the rental of pumps primarily used by energy and petrochemical customers. United Rentals was founded by Bradley S. Jacobs in 1997 and is headquartered in Greenwich, CT.
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