Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Price Target Lowered to $74.00 at JPMorgan Chase & Co.

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) had its price target cut by JPMorgan Chase & Co. from $78.00 to $74.00 in a research note issued to investors on Friday,Benzinga reports. They currently have a neutral rating on the stock.

A number of other analysts also recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday. They issued a “buy” rating and a $83.00 price objective for the company. BNP Paribas Exane started coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday, March 9th. They set an “outperform” rating on the stock. Weiss Ratings began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Thursday, March 5th. They issued a “buy (b)” rating for the company. Finally, Barclays started coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Tuesday. They issued an “overweight” rating for the company. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $78.50.

Sunbelt Rentals Holdings, Inc. Common Stock Trading Up 4.0%

SUNB stock opened at $72.61 on Friday. Sunbelt Rentals Holdings, Inc. Common Stock has a 52 week low of $68.67 and a 52 week high of $76.77.

Sunbelt Rentals Holdings, Inc operates a large equipment rental business that supplies a broad range of equipment and related services to construction, industrial, infrastructure, and specialty markets. The company’s offerings span general construction and earthmoving to more specialized segments such as power generation, climate control, fluid handling, and access solutions. Customers include contractors, municipalities, industrial facilities, utilities, and event and entertainment companies that require short- and long-term equipment solutions without the capital cost of ownership.

Product categories typically available through Sunbelt Rentals include aerial work platforms, earthmoving and excavation equipment, material handling machinery, pumps and dewatering systems, temporary power and lighting, heating and cooling systems, and a wide assortment of tools and site services.