Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) to a hold rating in a research note issued to investors on Saturday.

A number of other equities analysts also recently weighed in on SUNB. Barclays started coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They set an “overweight” rating on the stock. Royal Bank Of Canada lowered their target price on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $62.38 to $62.00 and set a “strong sell” rating on the stock in a report on Thursday, March 26th. JPMorgan Chase & Co. lowered their target price on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $78.00 to $74.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. Weiss Ratings downgraded shares of Sunbelt Rentals Holdings, Inc. Common Stock from a “buy (b)” rating to a “hold (c)” rating in a report on Thursday, March 19th. Finally, Zacks Research upgraded shares of Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $73.20.

Sunbelt Rentals Holdings, Inc. Common Stock Stock Up 7.6%

Shares of SUNB opened at $71.68 on Friday. Sunbelt Rentals Holdings, Inc. Common Stock has a 1-year low of $61.03 and a 1-year high of $76.77.

Sunbelt Rentals Holdings, Inc (NYSE: SUNB) is a North American equipment rental company that provides a broad range of temporary equipment and support services to construction, industrial, commercial, and specialty markets. The company operates an extensive rental fleet across the United States and Canada, offering customers access to machinery and tools for short- and long-term projects without the capital expense of ownership.

Sunbelt’s product and service offerings span core construction and industrial categories, including aerial work platforms, earthmoving and material‑handling equipment, power generation and HVAC units, pumps, trench safety and shoring systems, and a wide assortment of light, power and hand tools.