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

Shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) have earned an average rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $73.00.

A number of brokerages have recently issued reports on SUNB. Bank of America initiated coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday. They issued an “underperform” rating and a $62.00 target price on the stock. BNP Paribas Exane initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday, March 9th. They issued an “outperform” rating for the company. Barclays initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They issued an “overweight” rating for the company. Weiss Ratings initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Thursday, March 5th. They set a “buy (b)” rating on the stock. Finally, The Goldman Sachs Group initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They set a “buy” rating and a $83.00 target price on the stock.

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

NYSE SUNB opened at $72.61 on Monday. Sunbelt Rentals Holdings, Inc. Common Stock has a 12 month low of $68.67 and a 12 month high of $76.77.

Sunbelt Rentals Holdings, Inc (NYSE: SUNB) is a major equipment rental company that provides temporary access to a broad range of construction and industrial equipment. The business serves customers who need flexible, short- and long-term equipment solutions rather than owning capital-intensive assets outright, enabling contractors, industrial operators and infrastructure providers to scale projects without large upfront purchases.

The company’s offerings cover a wide array of categories including aerial work platforms, earthmoving and excavation equipment, material handling, power generation, climate control and HVAC, fluid handling and pumps, general tools and specialty project equipment.