Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Given Average Rating of “Hold” by Brokerages

Shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) have been assigned an average rating of “Hold” from the eleven brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $73.40.

SUNB has been the topic of a number of research analyst reports. Jefferies Financial Group upgraded Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a research note on Wednesday, March 11th. Bank of America initiated coverage on 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 on the stock. Barclays initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Tuesday, March 10th. They set an “overweight” rating on the stock. BNP Paribas Exane initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday, March 9th. They set an “outperform” rating on the stock. Finally, The Goldman Sachs Group initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Tuesday, March 10th. They set a “buy” rating and a $83.00 price target on the stock.

Sunbelt Rentals Holdings, Inc. Common Stock Stock Down 0.1%

Shares of Sunbelt Rentals Holdings, Inc. Common Stock stock opened at $73.23 on Tuesday. The business has a 50-day moving average price of $69.96. Sunbelt Rentals Holdings, Inc. Common Stock has a one year low of $61.03 and a one year high of $78.05.

About Sunbelt Rentals Holdings, Inc. Common Stock

Sunbelt Rentals Holdings, Inc is a major equipment rental company that provides a broad range of rental solutions to construction, industrial, municipal and specialty markets. The company’s business centers on short- and long-term rental of equipment used for earthmoving, aerial access, material handling, power generation, climate control, pumps and general tools, supporting customers who need flexible access to capital-intensive assets without the expense of ownership.

In addition to physical equipment, Sunbelt Rentals offers complementary services designed to keep projects running efficiently.