United Rentals Rating Reiterated by TheStreet (URI)
TheStreet reiterated their hold rating on shares of United Rentals (NYSE: URI) in a research report sent to investors on Monday morning, Analyst Ratings Network.com reports.
“United Rentals (URI) has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity.”
,” TheStreet’s analyst commented.
Shares of United Rentals (NYSE: URI) traded down 0.20% during mid-day trading on Monday, hitting $50.60. United Rentals has a one year low of $26.88 and a one year high of $57.24. The stock’s 50-day moving average is currently $52.. The company has a market cap of $4.768 billion and a P/E ratio of 63.14.
Several other analysts have also recently commented on the stock. Analysts at Susquehanna raised their price target on shares of United Rentals from $65.00 to $67.00 in a research note to investors on Monday. They now have a positive rating on the stock. Separately, analysts at UBS AG raised their price target on shares of United Rentals from $65.00 to $70.00 in a research note to investors on Thursday, April 18th. They now have a buy rating on the stock. Finally, analysts at Oppenheimer raised their price target on shares of United Rentals from $60.00 to $63.00 in a research note to investors on Friday, April 5th.
Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of $65.53.
United Rentals, Inc. (NYSE: URI) is an equipment rental company and its network consists of 569 rental locations in the United States, Canada and Mexico.
To view TheStreet’s full report, visit www.thestreetratings.com
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