Free Trial

United Rentals (URI) Stock Forecast & Price Target

$724.75
+8.51 (+1.19%)
(As of 08/21/2024 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

Based on 15 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 15 analysts, 3 have given a sell rating, 4 have given a hold rating, and 8 have given a buy rating for URI.

Consensus Price Target

$675.15
-6.84% Downside
High Forecast$905.00
Average Forecast$675.15
Low Forecast$400.00

According to the 15 analysts' twelve-month price targets for United Rentals, the average price target is $675.15. The highest price target for URI is $905.00, while the lowest price target for URI is $400.00. The average price target represents a forecasted downside of -6.84% from the current price of $724.75.

TypeCurrent Forecast
8/23/23 to 8/22/24
1 Month Ago
7/24/23 to 7/23/24
3 Months Ago
5/25/23 to 5/24/24
1 Year Ago
8/23/22 to 8/23/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
6 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$675.15$637.67$600.79$455.25
Forecasted Upside-6.84% Downside5.57% Upside1.50% Upside7.09% Upside
Get United Rentals Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for URI and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

United Rentals Stock vs. The Competition

TypeUnited RentalsConstruction CompaniesS&P 500
Consensus Rating Score
2.33
2.55
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-6.84% Downside28.81% Upside8.75% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/19/2024Evercore ISI
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$774.00 ➝ $795.00+11.72%
7/26/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$790.00 ➝ $905.00+17.77%
7/26/2024Truist Financial
1 of 5 stars
 Boost TargetBuy ➝ Buy$785.00 ➝ $873.00+11.61%
6/28/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform$750.00+20.38%
6/26/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
K. Menges
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$745.00+16.32%
6/7/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOverweight$780.00+23.71%
4/29/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMarket Perform ➝ Market Perform
4/26/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$720.00 ➝ $750.00+9.98%
1/26/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderperform ➝ Underperform$322.00 ➝ $559.00-11.38%
1/26/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderweight ➝ Underweight$325.00 ➝ $400.00-37.00%
1/26/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$630.00 ➝ $710.00+8.73%
1/8/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageEqual Weight$500.00-7.65%
1/5/2024BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Underperform$485.00-11.64%
12/5/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$504.00 ➝ $525.00+7.13%
12/4/2023KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOverweight ➝ Sector Weight
7/28/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$482.00 ➝ $521.00+18.11%
6/27/2023Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$425.00 ➝ $460.00+10.62%
4/12/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHold$399.00 ➝ $406.00+9.57%
12/16/2022OTR Global
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeMixed ➝ Positive

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:11 AM ET.

URI Forecast - Frequently Asked Questions

What is United Rentals' forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for United Rentals is $675.15, with a high forecast of $905.00 and a low forecast of $400.00.

Should I buy or sell United Rentals stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Rentals in the last year. There are currently 3 sell ratings, 4 hold ratings and 8 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.

Does United Rentals's stock price have much upside?

According to analysts, United Rentals's stock has a predicted upside of 5.28% based on their 12-month stock forecasts.

What analysts cover United Rentals?

United Rentals has been rated by research analysts at Citigroup, Evercore ISI, JPMorgan Chase & Co., Raymond James, The Goldman Sachs Group, and Truist Financial in the past 90 days.

Do Wall Street analysts like United Rentals more than its competitors?

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 8/22/2024 by MarketBeat.com Staff

From Our Partners