Analysts Offer Insights on Financial Companies: Zions Bancorp (ZION) and United Rentals (URI)


Analysts have been eager to weigh in on the Financial sector with new ratings on Zions Bancorp (NASDAQ:ZION) and United Rentals (NYSE:URI).

Zions Bancorp (ZION)

In a report released today, Ken Zerbe from Morgan Stanley maintained a Hold rating on Zions Bancorp, with a price target of $59. The company’s shares closed yesterday at $51.71.

According to TipRanks.com, Zerbe is a 4-star analyst with an average return of 12.8% and a 65.9% success rate. Zerbe covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc, Prosperity Bancshares, and Associated Banc-Corp.

Zions Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $59.77, implying a 15.6% upside from current levels. In a report issued on September 7, UBS also downgraded the stock to Hold with a $56 price target.

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United Rentals (URI)

Buckingham analyst Neil Frohnapple maintained a Buy rating on United Rentals today and set a price target of $190. The company’s shares closed yesterday at $164.94.

According to TipRanks.com, Frohnapple is a 2-star analyst with an average return of 1.3% and a 46.2% success rate. Frohnapple covers the Industrial Goods sector, focusing on stocks such as WABCO Holdings, Oshkosh Corp, and Navistar.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Rentals with a $186.80 average price target, which is a 13.3% upside from current levels. In a report issued on September 13, Merrill Lynch also maintained a Buy rating on the stock with a $200 price target.

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