Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Now Covered by Citigroup

Citigroup began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) in a research report report published on Monday, Marketbeat Ratings reports. The firm issued a buy rating and a $85.00 price target on the stock.

SUNB has been the topic of a number of other reports. Barclays assumed coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Tuesday, March 10th. They issued an “overweight” rating on the stock. JPMorgan Chase & Co. cut their target price on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $78.00 to $74.00 and set a “neutral” rating for the company in a research report on Friday. Bank of America started coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday. They issued an “underperform” rating and a $62.00 price target on the stock. The Goldman Sachs Group assumed coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Tuesday, March 10th. They issued a “buy” rating and a $83.00 price target on the stock. Finally, BNP Paribas Exane began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday, March 9th. They set an “outperform” rating for the company. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $76.00.

Sunbelt Rentals Holdings, Inc. Common Stock Price Performance

Shares of SUNB stock opened at $73.14 on Monday. Sunbelt Rentals Holdings, Inc. Common Stock has a fifty-two week low of $68.67 and a fifty-two week high of $76.77.

Sunbelt Rentals Holdings, Inc operates a large equipment rental business that provides access to tools and machinery for construction, industrial, infrastructure, specialty contracting and consumer markets. The company’s core business is the short- and long-term rental of a broad array of equipment — including earthmoving and material-handling machines, aerial work platforms, power generation and climate-control systems, pumps and dewatering gear, scaffolding and shoring, hand and light tools, and specialty site services — together with related parts, maintenance and logistics support.

Sunbelt serves commercial contractors, specialty trades, industrial customers, municipalities and homeowners by combining its rental fleet with ancillary services such as delivery and pickup, on-site fleet management, preventive maintenance, project consulting and safety training.