Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Earns Outperform Rating from Analysts at Sanford C. Bernstein

Equities researchers at Sanford C. Bernstein began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) in a report released on Tuesday, Marketbeat.com reports. The firm set an “outperform” rating and a $86.00 price target on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 20.12% from the company’s previous close.

SUNB has been the topic of a number of other reports. Jefferies Financial Group raised Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a research note on Wednesday, March 11th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $75.00 price target on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Friday, May 1st. KeyCorp raised Sunbelt Rentals Holdings, Inc. Common Stock to a “strong-buy” rating in a research note on Friday, March 13th. BNP Paribas Exane began 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, Barclays began coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Tuesday, March 10th. They set an “overweight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Sunbelt Rentals Holdings, Inc. Common Stock currently has a consensus rating of “Hold” and a consensus target price of $75.50.

Sunbelt Rentals Holdings, Inc. Common Stock Stock Performance

Shares of NYSE:SUNB opened at $71.60 on Tuesday. The company has a 50-day simple moving average of $70.07. Sunbelt Rentals Holdings, Inc. Common Stock has a 1 year low of $61.03 and a 1 year high of $78.05.

Sunbelt Rentals Holdings, Inc. Common Stock Company Profile

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.