What Are Wall Street Analysts' Target Price for United Rentals Stock?

With a market cap of $50.9 billion, United Rentals, Inc. (URI) is a leading equipment rental company operating through its General Rentals and Specialty segments across the United States, Canada, Europe, Australia, and New Zealand. The company provides a wide range of construction and industrial equipment rentals, sales, and related services to contractors, industrial clients, municipalities, and homeowners.

Shares of the Stamford, Connecticut-based company have lagged behind the broader market over the past 52 weeks. URI stock has fallen 5.1% over this time frame, while the broader S&P 500 Index ($SPX) has risen 11%. However, shares of the company have soared 14.4% on a YTD basis, outpacing SPX’s 12.3% gain.