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United Rentals (URI) Stock Forecast & Price Target

United Rentals logo
$883.00 +9.83 (+1.13%)
(As of 09:02 AM ET)

United Rentals - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
3
Hold
4
Buy
10

Based on 17 Wall Street analysts who have issued ratings for United Rentals in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 3 have given a sell rating, 4 have given a hold rating, and 10 have given a buy rating for URI.

Consensus Price Target

$751.67
-14.87% Downside
According to the 17 analysts' twelve-month price targets for United Rentals, the average price target is $751.67. The highest price target for URI is $955.00, while the lowest price target for URI is $485.00. The average price target represents a forecasted downside of -14.87% from the current price of $883.00.
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URI Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$751.67$742.50$675.15$455.25
Forecasted Upside-14.87% Downside-9.96% Downside-7.35% Downside-0.14% Downside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

URI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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URI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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United Rentals Stock vs. The Competition

TypeUnited RentalsConstruction CompaniesS&P 500
Consensus Rating Score
2.41
2.61
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-13.92% Downside7.17% Upside6.71% Upside
News Sentiment Rating
Very Positive News

See Recent URI News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/20/2024Argus
2 of 5 stars
 Boost TargetBuy ➝ Buy$840.00 ➝ $880.00+6.82%
10/25/2024Barclays
3 of 5 stars
 Boost TargetUnderweight ➝ Underweight$400.00 ➝ $565.00-30.33%
10/25/2024Citigroup
3 of 5 stars
K. Menges
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Boost TargetBuy ➝ Buy$930.00 ➝ $955.00+17.76%
10/25/2024Truist Financial
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 Boost TargetBuy ➝ Buy$954.00 ➝ $955.00+15.65%
10/24/2024Bank of America
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 Boost TargetBuy ➝ Buy$800.00 ➝ $910.00+9.23%
10/3/2024Robert W. Baird
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 Boost TargetUnderperform ➝ Underperform$565.00 ➝ $650.00-17.39%
9/23/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$780.00 ➝ $940.00+18.67%
8/19/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$774.00 ➝ $795.00+11.72%
7/26/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$790.00 ➝ $905.00+17.77%
6/28/2024Raymond James
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 Initiated CoverageOutperform$750.00+20.38%
4/29/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
4/26/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$720.00 ➝ $750.00+9.98%
1/26/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$630.00 ➝ $710.00+8.73%
1/8/2024Morgan Stanley
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 Initiated CoverageEqual Weight$500.00-7.65%
1/5/2024BNP Paribas
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 Reiterated RatingOutperform ➝ Underperform$485.00-11.64%
12/5/2023UBS Group
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 DowngradeBuy ➝ Neutral$504.00 ➝ $525.00+7.13%
12/4/2023KeyCorp
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 DowngradeOverweight ➝ Sector Weight
7/28/2023Credit Suisse Group
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 Boost Target$482.00 ➝ $521.00+18.11%
4/12/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetHold$399.00 ➝ $406.00+9.57%
12/16/2022OTR Global
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 UpgradeMixed ➝ Positive

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:32 AM ET.


Should I Buy United Rentals Stock? URI Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 25, 2024. Please send any questions or comments about these United Rentals pros and cons to contact@marketbeat.com.

United Rentals
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in United Rentals, Inc.:

  • The current stock price of United Rentals, Inc. is $849.03, reflecting strong market performance and investor confidence.
  • Institutional investors hold a significant 96.26% of the company's stock, indicating strong backing and confidence from large financial entities.
  • United Rentals, Inc. has shown robust growth with a market capitalization of approximately $55.71 billion, suggesting a solid position in the construction rental market.
  • The company has a relatively low price-to-earnings (P/E) ratio of 22.17, which may indicate that the stock is undervalued compared to its earnings potential, making it an attractive investment opportunity.
  • Recent insider trading activity, including a senior vice president selling shares, can sometimes indicate confidence in the company's future performance, as insiders often have a good understanding of the company's prospects.

United Rentals
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in United Rentals, Inc. for these reasons:

  • The company has a debt-to-equity ratio of 1.38, which indicates a higher level of debt compared to equity. This could pose risks if the company faces financial difficulties.
  • Recent stock price fluctuations, including a drop of $13.60 in one trading session, may indicate volatility and uncertainty in the market.
  • Despite strong institutional ownership, the company has only 0.53% of its stock owned by insiders, which may suggest a lack of confidence from those who are most familiar with the company's operations.
  • The current ratio of 0.82 and quick ratio of 0.77 suggest that the company may have liquidity issues, meaning it might struggle to meet short-term obligations without selling inventory or obtaining additional financing.
  • Recent sales of shares by institutional investors, such as Intech Investment Management LLC reducing its holdings by 49.8%, could signal a lack of confidence in the company's short-term performance.

URI Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for United Rentals is $751.67, with a high forecast of $955.00 and a low forecast of $485.00.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Rentals in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" URI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in URI, but not buy additional shares or sell existing shares.

According to analysts, United Rentals's stock has a predicted downside of -14.87% based on their 12-month stock forecasts.

United Rentals has been rated by research analysts at Argus, Bank of America, Barclays, Citigroup, JPMorgan Chase & Co., Robert W. Baird, and Truist Financial in the past 90 days.

Analysts like United Rentals less than other "construction" companies. The consensus rating for United Rentals is Hold while the average consensus rating for "construction" companies is Moderate Buy. Learn more on how URI compares to other companies.


This page (NYSE:URI) was last updated on 11/27/2024 by MarketBeat.com Staff
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