Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Earns Outperform Rating from Analysts at Sanford C. Bernstein

Sanford C. Bernstein began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) in a research note issued to investors on Tuesday, MarketBeat reports. The brokerage set an “outperform” rating and a $86.00 price target on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 20.12% from the company’s previous close.

A number of other analysts have also commented on the company. Bank of America began coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday, March 16th. They set an “underperform” rating and a $62.00 price objective for the company. Barclays began coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They issued an “overweight” rating for the company. Royal Bank Of Canada reduced their target price on Sunbelt Rentals Holdings, Inc. Common Stock from $62.38 to $62.00 and set a “strong sell” rating for the company in a report on Thursday, March 26th. The Goldman Sachs Group began coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, March 10th. They issued a “buy” rating and a $83.00 target price for the company. Finally, KeyCorp raised Sunbelt Rentals Holdings, Inc. Common Stock to a “strong-buy” rating in a report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Sunbelt Rentals Holdings, Inc. Common Stock has an average rating of “Hold” and an average target price of $75.50.

Sunbelt Rentals Holdings, Inc. Common Stock Price Performance

Shares of SUNB opened at $71.60 on Tuesday. The business’s 50 day moving average is $70.07. Sunbelt Rentals Holdings, Inc. Common Stock has a 52 week low of $61.03 and a 52 week high of $78.05.

Sunbelt Rentals Holdings, Inc. Common Stock Company Profile

Sunbelt Rentals Holdings, Inc is a major equipment rental company that provides a broad range of rental solutions to construction, industrial, municipal and specialty markets. The company’s business centers on short- and long-term rental of equipment used for earthmoving, aerial access, material handling, power generation, climate control, pumps and general tools, supporting customers who need flexible access to capital-intensive assets without the expense of ownership.

In addition to physical equipment, Sunbelt Rentals offers complementary services designed to keep projects running efficiently.