A statement released earlier today by Bank of America Corp. about United Rentals, Inc. (NYSE:URI) bumps the target price to $85.00
- Updated: September 17, 2016
Displaying a price of $80.13, United Rentals, Inc. (NYSE:URI) traded 2.11% lower on the day. The last stock close is up 13.23% from the two hundred day moving average, compared to the S&P 500 which has fallen -0.01% over the same period. URI has logged a 50-day average of $79.92 and two hundred day moving average of $68.57. 2,139,375 shares of the stock traded hands, up from ann average volume of 1,849,870
Stating a possible upside of 0.06%, Bank of America Corp. raised the target stock price of United Rentals, Inc. (NYSE:URI) to $85
A total of 15 brokerages have released a report on the company. Three firms rate the stock a strong buy, three firms rate the company a buy, 10 firms rate the stock a hold, four analysts rate the stock to underperform, and finally 0 brokeragesrate the stock as sell with a 12-month target price of $61.21
With a market capitalization of $0.0, United Rentals, Inc. has a 52 week low of $41.90 and a 52 week high of $84.63 with a PE ratio of 12.
General Company Details For United Rentals, Inc. (NYSE:URI)
United Rentals, Inc. is a holding company engaged in the business of equipment rental. The Company conducts its operations through its subsidiary, United Rentals (North America), Inc. (URNA) and subsidiaries of URNA. It operates through two segments: general rentals, and trench, power and pump. The general rentals includes the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts, general tools and light equipment, such as pressure washers, water pumps and power tools. The trench, power and pump segment includes the rental of specialty construction products and related services. The trench, power and pump segment consists of the Trench Safety region; the Power and heating, ventilating and air conditioning (HVAC) region, and and the Pump Solutions region. The Company operates approximately 900 rental locations.
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