Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Now Covered by JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) in a research report sent to investors on Thursday morning, MarketBeat reports. The firm issued a neutral rating and a $78.00 target price on the stock.

Sunbelt Rentals Holdings, Inc. Common Stock Price Performance

Shares of NYSE SUNB opened at $75.22 on Thursday. Sunbelt Rentals Holdings, Inc. Common Stock has a one year low of $68.67 and a one year high of $76.77.

Sunbelt Rentals Holdings, Inc (NYSE: SUNB) is a commercial equipment rental company that provides a broad range of rental solutions to construction, industrial, infrastructure, specialty contracting and event customers. The company’s core business is making equipment available on short- and long-term rental terms to customers who need access to machinery and tools without the capital commitment of ownership. Sunbelt’s offering is designed to support projects across building construction, civil infrastructure, industrial maintenance, oil and gas, utilities and special event production.

The company’s rental fleet spans categories commonly used across heavy and light construction and industrial applications, including aerial work platforms, earthmoving and material-handling equipment, climate control and dehumidification systems, power generation and lighting, pumps and fluid handling, and a variety of general construction tools and accessories.