Oppenheimer Reaffirms Their Hold Rating on United Rentals (URI)


Oppenheimer analyst Scott Schneeberger maintained a Hold rating on United Rentals (URI) yesterday. The company’s shares closed yesterday at $101.86, close to its 52-week low of $99.50.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 8.6% and a 62.4% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service Corp International, General Finance, and XPO Logistics.

United Rentals has an analyst consensus of Moderate Buy, with a price target consensus of $155.70.

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United Rentals’ market cap is currently $8.31B and has a P/E ratio of 5.14. The company has a Price to Book ratio of 2.49.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of URI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

United Rentals, Inc. is a holding company, which through its subsidiary, engages in the equipment rental business. It offers rent to construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities. The company operates through two business segments: General Rentals; and Trench, power and pump.

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