Brokerages Set Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Target Price at $75.50

Shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) have been given a consensus recommendation of “Hold” by the twelve ratings firms that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $75.50.

A number of equities analysts have recently commented on the company. Zacks Research raised Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a report on Monday, March 30th. The Goldman Sachs Group assumed coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They issued a “buy” rating and a $83.00 price target for the company. Barclays assumed coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They issued an “overweight” rating for the company. KeyCorp raised Sunbelt Rentals Holdings, Inc. Common Stock to a “strong-buy” rating in a report on Friday, March 13th. Finally, Bank of America started coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday, March 16th. They issued an “underperform” rating and a $62.00 price target for the company.

Sunbelt Rentals Holdings, Inc. Common Stock Price Performance

NYSE:SUNB opened at $79.37 on Friday. The stock has a fifty day moving average price of $72.51. Sunbelt Rentals Holdings, Inc. Common Stock has a 1 year low of $61.03 and a 1 year high of $81.77.

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.