Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Research Coverage Started at Citigroup

Citigroup started coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) in a research report released on Monday, MarketBeat Ratings reports. The firm issued a buy rating and a $85.00 price target on the stock.

A number of other brokerages have also weighed in on SUNB. Bank of America started coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday. They set an “underperform” rating and a $62.00 target price for the company. BNP Paribas Exane initiated coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday, March 9th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. dropped their price target on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $78.00 to $74.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Barclays started coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Tuesday, March 10th. They set an “overweight” rating for the company. Finally, Weiss Ratings started coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Thursday, March 5th. They issued a “buy (b)” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Sunbelt Rentals Holdings, Inc. Common Stock presently has an average rating of “Moderate Buy” and an average target price of $76.00.

Sunbelt Rentals Holdings, Inc. Common Stock Stock Performance

Shares of SUNB opened at $71.06 on Monday. Sunbelt Rentals Holdings, Inc. Common Stock has a 12 month low of $68.67 and a 12 month high of $76.77.

Sunbelt Rentals Holdings, Inc (NYSE: SUNB) is a leading equipment rental company that serves construction, industrial, commercial, and residential customers across North America. The company provides short- and long-term rentals of a broad range of capital equipment designed to support infrastructure projects, building and renovation work, specialty industrial needs and emergency response. Sunbelt aims to deliver access to machinery and tools without the capital outlay of ownership, supporting customer uptime and project flexibility.

Its product portfolio includes aerial work platforms, earthmoving and excavation equipment, material handling and lifting gear, pumps and dewatering systems, power generation and distribution, climate control and HVAC rental units, and a wide assortment of light and specialty tools.