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

Stock analysts at Citigroup began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) in a research report issued to clients and investors on Monday. The firm set a “buy” rating and a $85.00 price target on the stock. Citigroup’s price target suggests a potential upside of 17.06% from the stock’s current price.

A number of other analysts have also recently commented on SUNB. Barclays started coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Tuesday, March 10th. They set an “overweight” rating for the company. Bank of America started coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday. They set an “underperform” rating and a $62.00 price target for the company. Weiss Ratings began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Thursday, March 5th. They issued a “buy (b)” rating on the stock. BNP Paribas Exane initiated coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday, March 9th. They issued an “outperform” rating on the stock. Finally, 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. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $76.00.

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

SUNB stock opened at $72.61 on Monday. Sunbelt Rentals Holdings, Inc. Common Stock has a 1 year low of $68.67 and a 1 year high of $76.77.

Sunbelt Rentals Holdings, Inc is a commercial equipment rental company that supplies a broad range of temporary equipment and related services to construction, industrial, infrastructure and specialty markets across North America. The company provides customers with short- and long-term rentals of equipment used in building, maintenance, emergency response and specialty projects, enabling contractors and facility managers to access machinery and tools without large capital outlays.

Its product portfolio encompasses heavy equipment, material handling and earthmoving machines, aerial work platforms, power generation and temperature-control systems, pumps, dewatering equipment, trench-safety and shoring solutions, and a wide assortment of smaller tools and site-support items.