United Rentals, Inc. (NYSE:URI)‘s stock had its “neutral” rating restated by equities researchers at UBS AG in a research report issued to clients and investors on Sunday, www.flashratings.com reports. They currently have a $125.00 target price on the construction company’s stock. UBS AG’s price objective indicates a potential upside of 11.75% from the company’s previous close.

A number of other equities analysts have also issued reports on the stock. Jefferies Group LLC reiterated a “buy” rating on shares of United Rentals in a research report on Friday. Stifel Nicolaus upgraded shares of United Rentals from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a research report on Friday. BidaskClub lowered shares of United Rentals from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Zacks Investment Research upgraded shares of United Rentals from a “hold” rating to a “buy” rating and set a $131.00 target price for the company in a research report on Wednesday, August 2nd. Finally, Axiom Securities reiterated a “sell” rating on shares of United Rentals in a research report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. United Rentals presently has an average rating of “Buy” and a consensus target price of $124.91.

Shares of United Rentals (URI) opened at 111.86 on Friday. The firm has a market cap of $9.46 billion, a PE ratio of 16.25 and a beta of 2.43. United Rentals has a 1-year low of $70.58 and a 1-year high of $134.28. The stock has a 50 day moving average of $115.82 and a 200 day moving average of $116.99.

United Rentals (NYSE:URI) last announced its earnings results on Wednesday, July 19th. The construction company reported $2.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.28 by $0.09. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.55 billion. United Rentals had a net margin of 9.86% and a return on equity of 46.01%. United Rentals’s revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.06 EPS. Equities research analysts anticipate that United Rentals will post $9.91 earnings per share for the current fiscal year.

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In other news, insider Michael Kneeland sold 30,000 shares of the company’s stock in a transaction dated Friday, July 21st. The stock was sold at an average price of $120.77, for a total value of $3,623,100.00. Following the transaction, the insider now owns 302,292 shares in the company, valued at approximately $36,507,804.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the company. Cleararc Capital Inc. increased its position in United Rentals by 0.6% in the first quarter. Cleararc Capital Inc. now owns 2,048 shares of the construction company’s stock worth $256,000 after buying an additional 12 shares in the last quarter. Dumont & Blake Investment Advisors LLC increased its position in United Rentals by 0.3% in the second quarter. Dumont & Blake Investment Advisors LLC now owns 5,360 shares of the construction company’s stock worth $604,000 after buying an additional 15 shares in the last quarter. Profund Advisors LLC increased its position in United Rentals by 1.1% in the second quarter. Profund Advisors LLC now owns 2,256 shares of the construction company’s stock worth $254,000 after buying an additional 24 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in United Rentals by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,279 shares of the construction company’s stock worth $708,000 after buying an additional 25 shares in the last quarter. Finally, Bank of Hawaii increased its position in United Rentals by 0.3% in the second quarter. Bank of Hawaii now owns 11,330 shares of the construction company’s stock worth $1,277,000 after buying an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

United Rentals Company Profile

United Rentals, Inc is a holding company. The Company is an equipment rental company, which operates throughout the United States and Canada. It operates through two segments: general rentals, and trench, power and pump. The general rentals segment includes the rental of construction, aerial, industrial and homeowner equipment and related services and activities.

Analyst Recommendations for United Rentals (NYSE:URI)

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