The Goldman Sachs Group Initiates Coverage on Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB)

Research analysts at The Goldman Sachs Group initiated coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) in a research report issued on Tuesday, Marketbeat Ratings reports. The firm set a “buy” rating and a $83.00 price target on the stock. The Goldman Sachs Group’s price objective suggests a potential upside of 16.71% from the stock’s previous close.

SUNB has been the topic of several other reports. BNP Paribas Exane began coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Thursday, March 5th. They set a “neutral” rating and a $78.00 price target for the company. Finally, Weiss Ratings assumed coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Thursday, March 5th. They set a “buy (b)” rating for the company. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.50.

Sunbelt Rentals Holdings, Inc. Common Stock Stock Performance

Shares of SUNB stock opened at $71.12 on Tuesday. 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 (NYSE: SUNB) is an industrial equipment rental company that provides a broad range of rentals and services to construction, industrial, infrastructure and specialty markets across North America. The company supplies equipment for projects of varied scope — from short-term tool rentals for small jobs to large fleets for major construction and industrial programs — enabling customers to scale capacity without owning and maintaining large inventories of capital equipment.

Its product offering spans common categories used across job sites and facilities, including aerial work platforms and access equipment, earthmoving and material‑handling machines, pumps and fluid management systems, temporary climate control and power generation, trench safety and shoring, and a wide assortment of general tools and specialty equipment.