Published On: Fri, Apr 21st, 2017

United Rentals, Inc. (NYSE:URI) Receives Buy Rating From Jefferies & Co Analysts


United Rentals, Inc. (NYSE:URI) had its stock rating maintained as ‘Buy’ in a report released by analysts at Jefferies & Co.

Jefferies & Co today set a target price of 150 on the company’s stock. According to the analyst this now indicates there is a potential increase of 35.84% from United Rentals, Inc.’s current price of 110.42.

NYSE:URI


Over the last twelve months United Rentals, Inc.’s stock price has increased by 70.22% from 64.87 to 110.42.

There are currently 84,310,000 shares in issue with a current share value of 110.42 giving United Rentals, Inc. a market capitalisation of 9.31B USD .

United Rentals, Inc. (NYSE:URI) has a 50 day moving average of 123.21 and a 200 day moving average of 107.66. The 52 week high for the share price is 134.28 while the 52 week low for the stock is 58.83.

United Rentals, Inc. is a holding company. The Company is an equipment rental company, which operates throughout the United States and Canada. It operates through two segments: general rentals, and trench, power and pump. The general rentals segment includes the rental of construction, aerial, industrial and homeowner equipment and related services and activities. The trench, power and pump segment includes the rental of specialty construction products and related services. Its general rentals segment includes the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts, and general tools and light equipment, such as pressure washers, water pumps and power tools. As of January 1, 2017, it operated 887 rental locations. The Company conducts its operations through its subsidiary, United Rentals (North America), Inc. (URNA) and subsidiaries of URNA.