EQPT (NASDAQ:EQPT) Reaches New 52-Week Low – What’s Next?

Shares of EQPT (NASDAQ:EQPT) hit a new 52-week low during trading on Friday . The stock traded as low as $27.75 and last traded at $27.75, with a volume of 449110 shares traded. The stock had previously closed at $29.46.

Wall Street Analyst Weigh In

EQPT has been the topic of a number of research reports. Citigroup began coverage on shares of EQPT in a research report on Tuesday, February 17th. They set a “neutral” rating and a $35.00 target price on the stock. KeyCorp initiated coverage on shares of EQPT in a research note on Tuesday, February 17th. They issued a “sector weight” rating for the company. Wall Street Zen cut shares of EQPT from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. UBS Group initiated coverage on EQPT in a research note on Tuesday, February 17th. They issued a “neutral” rating and a $36.00 target price for the company. Finally, Robert W. Baird started coverage on EQPT in a research report on Tuesday, February 17th. They issued an “outperform” rating and a $63.00 target price for the company. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, EQPT has an average rating of “Moderate Buy” and a consensus target price of $43.75.

EQPT Trading Down 5.9%

EQPT Company Profile

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.