Robert W. Baird analyst Mircea Dobre maintained a Buy rating on United Rentals (NYSE:URI) on Wednesday, setting a price target of $400, which is approximately 5.51% above the present share price of $379.11.
Dobre expects United Rentals to post earnings per share (EPS) of $5.65 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in United Rentals, with an average price target of $380.29.
The analysts price targets range from a high of $455 to a low of $275.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $2.6 billion and a net profit of $679 million. The company's market cap is $27.45 billion.
According to TipRanks.com, Robert W. Baird analyst Mircea Dobre is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.6% and a 61.11% success rate.
United Rentals, Inc. engages in the equipment rental business. It offers rent to construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities. The company operates through two business segments: General Rentals; and Trench, power and fluid solutions. The General Rentals segment engages in the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. The trench, power and fluid solutions segment includes the rental of specialty construction products and related services. It comprises of Trench Safety region, which rents trench safety equipment such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers and line testing equipment for underground work, the Power and HVAC region that rents power and HVAC equipment such as portable diesel generators, electrical distribution equipment, and temperature control equipment including heating and cooling equipment, the Pump Solutions region involves in the rental of pumps primarily used by energy and petrochemical customers. United Rentals was founded by Bradley S. Jacobs in 1997 and is headquartered in Greenwich, CT.