Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Coverage Initiated by Analysts at The Goldman Sachs Group

Equities researchers at The Goldman Sachs Group initiated coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating and a $83.00 price target on the stock. The Goldman Sachs Group’s target price points to a potential upside of 9.45% from the company’s previous close.

A number of other analysts have also recently commented on the company. JPMorgan Chase & Co. began coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Thursday, March 5th. They set a “neutral” rating and a $78.00 price objective for the company. BNP Paribas Exane started coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday. They set an “outperform” rating on the stock. Finally, Weiss Ratings began coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Thursday. They issued a “buy (b)” rating on the stock. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $80.50.

Sunbelt Rentals Holdings, Inc. Common Stock Stock Performance

NYSE:SUNB opened at $75.84 on Tuesday. Sunbelt Rentals Holdings, Inc. Common Stock has a twelve month low of $68.67 and a twelve month high of $76.77.

Sunbelt Rentals Holdings, Inc is an equipment rental company that provides a broad range of rental solutions for construction, industrial, infrastructure, government, and specialty markets. Its offerings include general tools and equipment, aerial work platforms, earthmoving machinery, power generation and distribution, climate control and HVAC systems, trench safety and shoring, pumps and fluid handling, and specialty asset categories tailored to sectors such as events, utilities and oil & gas.