Sunbelt Rentals (LON:SUNB) Shares Down 1.2% – Here’s What Happened

Sunbelt Rentals Holdings, Inc. (LON:SUNB – Get Free Report)’s share price was down 1.2% on Friday. The company traded as low as GBX 5,600 and last traded at GBX 5,720. 6,712,572 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 9,525,609 shares. The stock had previously closed at GBX 5,790.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 5,800 target price on shares of Sunbelt Rentals in a research note on Tuesday, September 1st. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, Sunbelt Rentals has an average rating of “Hold” and an average target price of GBX 5,800.

Check Out Our Latest Report on Sunbelt Rentals

Sunbelt Rentals Stock Down 1.2%

The stock’s 50-day moving average is GBX 5,634.36 and its 200-day moving average is GBX 5,574.79. The firm has a market cap of £23.44 billion and a P/E ratio of 17.07.

Sunbelt Rentals Holdings, Inc is an industrials company in the Trading Companies & Distributors industry.

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