Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Upgraded at Zacks Research

Zacks Research upgraded shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) to a hold rating in a research note published on Monday morning,Zacks.com reports.

A number of other analysts have also commented on the company. Citigroup assumed coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Monday, March 16th. They issued a “buy” rating and a $85.00 price objective for the company. Royal Bank Of Canada reduced their target price on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $62.38 to $62.00 and set a “strong sell” rating on the stock in a research note on Thursday, March 26th. KeyCorp upgraded shares of Sunbelt Rentals Holdings, Inc. Common Stock to a “strong-buy” rating in a research report on Friday, March 13th. Bank of America began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday, March 16th. They set an “underperform” rating and a $62.00 price target for the company. Finally, The Goldman Sachs Group began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They issued a “buy” rating and a $83.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $73.20.

Sunbelt Rentals Holdings, Inc. Common Stock Price Performance

SUNB stock opened at $64.34 on Monday. Sunbelt Rentals Holdings, Inc. Common Stock has a twelve month low of $61.85 and a twelve month high of $76.77.

Sunbelt Rentals Holdings, Inc (NYSE: SUNB) is an equipment rental company that provides a broad range of rental solutions to construction, industrial, municipal and specialty markets. The company’s core business is short- and long-term rental of equipment used for earthmoving, material handling, access and aerial work platforms, pumps and fluid handling, climate control and HVAC, power generation, and general-purpose tools and equipment. Sunbelt also supports projects requiring specialized solutions such as environmental remediation, traffic control, and site services.

In addition to equipment rental, Sunbelt offers complementary services including fleet management, preventive maintenance, on-site support, logistics and delivery, and safety training and inspection programs.