OTR Global upgraded United Rentals, Inc. (NYSE:URI) to Positive in a statement released earlier today.
- Updated: September 23, 2016
OTR Global has upgraded United Rentals, Inc. (NYSE:URI) to Positive in a report released on Friday September 23, 2016.
Having a price of $75.39, United Rentals, Inc. (NYSE:URI) traded 0.28% higher on the day. With the last close up 8.76% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. United Rentals, Inc. has recorded a 50-day average of $79.70 and a two hundred day average of $69.51. Volume of trade was down over the average, with 1,200,336 shares of URI changing hands under the typical 1,832,470
With a total market value of $0, United Rentals, Inc. has price-earnings ratio of 11.40 with a one year low of $41.90 and a one year high of $84.63 .
A total of 15 firms have issued a ratings update on the company. 3 brokers rating the company a strong buy, three firms rating the stock a buy, ten equity analysts rating the company a hold, 4 brokers rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $61.21.
More About 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 the Pump Solutions region. The Company operates approximately 900 rental locations.
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