Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Receives $75.50 Average PT from Brokerages

Shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) have earned an average recommendation of “Hold” from the twelve research firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $75.50.

A number of research firms recently weighed in on SUNB. Jefferies Financial Group raised shares of Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a research report on Wednesday, March 11th. Wall Street Zen raised shares of Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a research report on Saturday, April 18th. Citigroup began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Monday, March 16th. They set a “buy” rating and a $85.00 price objective for the company. Barclays began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Tuesday, March 10th. They set an “overweight” rating for the company. Finally, Sanford C. Bernstein began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Tuesday, May 12th. They set an “outperform” rating and a $86.00 price objective for the company.

Sunbelt Rentals Holdings, Inc. Common Stock Price Performance

NYSE:SUNB opened at $77.55 on Friday. The business’s 50 day moving average is $72.05. Sunbelt Rentals Holdings, Inc. Common Stock has a fifty-two week low of $61.03 and a fifty-two week high of $80.25.

Sunbelt Rentals Holdings, Inc. Common Stock Company Profile

Sunbelt Rentals Holdings, Inc is a major equipment rental company that provides a broad range of rental solutions to construction, industrial, municipal and specialty markets. The company’s business centers on short- and long-term rental of equipment used for earthmoving, aerial access, material handling, power generation, climate control, pumps and general tools, supporting customers who need flexible access to capital-intensive assets without the expense of ownership.

In addition to physical equipment, Sunbelt Rentals offers complementary services designed to keep projects running efficiently.