Oppenheimer Sticks to Its Hold Rating for United Rentals (URI)


In a report released today, Scott Schneeberger from Oppenheimer maintained a Hold rating on United Rentals (NYSE: URI). The company’s shares opened today at $154.99.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 11.9% and a 70.0% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service Corp International, Landstar System Inc, and General Finance.

Currently, the analyst consensus on United Rentals is a Moderate Buy with an average price target of $182, a 17.4% upside from current levels. In a report issued on September 5, Deutsche Bank also assigned a Hold rating to the stock with a $158 price target.

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United Rentals’ market cap is currently $12.62B and has a P/E ratio of 8.40. The company has a Price to Book ratio of 3.99.

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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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