Brokerages Set Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Price Target at $73.00

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) has earned an average recommendation of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $76.00.

A number of brokerages have issued reports on SUNB. BNP Paribas Exane started coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday, March 9th. They issued an “outperform” rating for the company. Bank of America initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Monday, March 16th. They issued an “underperform” rating and a $62.00 price objective on the stock. The Goldman Sachs Group assumed coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Tuesday, March 10th. They issued a “buy” rating and a $83.00 price objective for the company. JPMorgan Chase & Co. cut their target price on 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, March 13th. Finally, Weiss Ratings downgraded Sunbelt Rentals Holdings, Inc. Common Stock from a “buy (b)” rating to a “hold (c)” rating in a research note on Thursday.

Sunbelt Rentals Holdings, Inc. Common Stock Trading Down 2.9%

Shares of SUNB stock opened at $64.11 on Monday. Sunbelt Rentals Holdings, Inc. Common Stock has a one year low of $62.44 and a one year high of $76.77.

Sunbelt Rentals Holdings, Inc operates the Sunbelt Rentals business, a provider of equipment rental solutions and related services for construction, industrial, infrastructure, municipal and specialty projects. The company’s offerings span a broad fleet of equipment categories, including earthmoving and material‑handling machinery, aerial work platforms, powered access, climate control and HVAC, power generation and lighting, pumps and fluid handling, trench and shoring systems, and a wide range of light and specialty tools used by contractors and maintenance teams.

In addition to short‑ and long‑term rentals, Sunbelt Rentals provides complementary services designed to support project execution and reduce customer downtime.