BofA Securities analyst Michael Feniger maintains $United Rentals (URI.US)$ with a buy rating, and maintains the target price at $910.
According to TipRanks data, the analyst has a success rate of 70.0% and a total average return of 14.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $United Rentals (URI.US)$'s main analysts recently are as follows:
Following the third-quarter report, it's observed that the key performance indicators for United Rentals have been showing a downward trend, and the unit economics have seen a decrease since the latter part of 2022.
United Rentals is expected to see growth by 2025, driven by large-scale projects, despite the potential for ongoing softness in local markets, according to an analyst.
Q3 outcomes were somewhat below expectations, and there were certain areas that did not meet the anticipated performance levels. Nevertheless, despite the implied Q4 not being guaranteed to impress, growth is still projected for United Rentals, possibly extending into 2025, even with a subdued industrial environment. It is suggested that a higher valuation multiple is justified as the easing cycle of the Federal Reserve commences, and the company's business model along with its financial structure is considered to be adequately adaptable to adjust to the fluctuations of an easing cycle.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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美銀證券分析師Michael Feniger維持$聯合租賃 (URI.US)$買入評級，維持目標價910美元。
根據TipRanks數據顯示，該分析師近一年總勝率為70.0%，總平均回報率為14.2%。
此外，綜合報道，$聯合租賃 (URI.US)$近期主要分析師觀點如下：
在第三季度報告後，觀察到聯合租賃的關鍵績效因子顯示出下降趨勢，自2022年下半年以來單位經濟因子也有所減少。
根據一位分析師稱，預計聯合租賃將在2025年實現增長，這將受大型項目推動，儘管當地市場仍存在持續疲軟的可能性。
第三季度的業績略低於預期，並有一些領域未達到預期的表現水平。然而，儘管暗示第四季度無法令人印象深刻，聯合租賃仍存在增長預期，可能延續至2025年，即使工業環境疲軟。隨着聯儲局寬鬆週期的開始，建議合理地給予更高的估值倍數，並認爲公司的業務模式以及財務結構具有足夠的靈活性，可以適應寬鬆週期的波動。
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