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United Rentals Inc has a consensus price target of $662.9 based on the ratings of 24 analysts. The high is $985 issued by Citigroup on December 9, 2024. The low is $296 issued by Bernstein on May 7, 2023. The 3 most-recent analyst ratings were released by Truist Securities, Citigroup, and Argus Research on December 19, 2024, December 9, 2024, and November 20, 2024, respectively. With an average price target of $943.33 between Truist Securities, Citigroup, and Argus Research, there's an implied 30.54% upside for United Rentals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for United Rentals (NYSE:URI) was reported by Truist Securities on December 19, 2024. The analyst firm set a price target for $965.00 expecting URI to rise to within 12 months (a possible 33.54% upside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for United Rentals (NYSE:URI) was provided by Truist Securities, and United Rentals maintained their buy rating.
The last upgrade for United Rentals Inc happened on December 16, 2022 when OTR Global raised their price target to N/A. OTR Global previously had a mixed for United Rentals Inc.
The last downgrade for United Rentals Inc happened on January 5, 2024 when Exane BNP Paribas changed their price target from N/A to $485 for United Rentals Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of United Rentals, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for United Rentals was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest United Rentals (URI) rating was a maintained with a price target of $955.00 to $965.00. The current price United Rentals (URI) is trading at is $722.64, which is out of the analyst’s predicted range.
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