Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Receives $73.00 Average Price Target from Analysts

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $76.00.

A number of research firms recently commented on SUNB. BNP Paribas Exane began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Monday, March 9th. They issued an “outperform” rating for the company. KeyCorp raised Sunbelt Rentals Holdings, Inc. Common Stock to a “strong-buy” rating in a research report on Friday, March 13th. Barclays started coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They set an “overweight” rating on the stock. Jefferies Financial Group raised Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a research note on Wednesday, March 11th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $78.00 to $74.00 and set a “neutral” rating on the stock in a report on Friday, March 13th.

Sunbelt Rentals Holdings, Inc. Common Stock Stock Performance

NYSE:SUNB opened at $71.06 on Monday. 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 is a leading equipment rental company that provides rental solutions and related services to construction, industrial, infrastructure, energy, municipal and event customers. The company supplies a broad range of equipment for temporary use, enabling customers to access machinery and tools for projects without the capital expense of ownership. Sunbelt is recognized as one of the largest equipment rental providers in North America.

The company’s product portfolio spans aerial work platforms, earthmoving and material-handling equipment, power and HVAC systems, compressors and pumps, generators, trench safety and shoring, and a wide assortment of small tools and site supplies.