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URI - United Rentals, Inc.

Analyst Downgrade Signal for 01-05-2024
Analyst Downgrade Signal: URI from Outperform to Underperform by Exane BNP Paribas
Price Target: $485



Stock Signal Information


Signal

Analyst Downgrade Stock
Report Date: 01-05-2024
Symbol: URI - United Rentals, Inc.
Sector: Industrials
Industry: Rental & Leasing Services
Analyst Downgrade Signal: URI from Outperform to Underperform by Exane BNP Paribas
Price Target: $485

  URI Technical Chart

Company Contact

United Rentals, Inc. (URI)
100 Stamford Pl Fl 7
Stamford, CONNECTICUT 06902
Phone: 12036223131
Website: http://www.unitedrentals.com
CEO: Mr. Matthew Flannery


Company Profile

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power and Fluid Solutions. The General Rentals segment rents general construction and industrial equipment, including backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools. It serves construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The Trench, Power and Fluid Solutions segment rents specialty construction products that include trench safety equipment, which comprise trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; and power, as well as heating, ventilating, and air conditioning equipment, including portable diesel generators, electrical distribution equipment, and temperature control equipment. It is also involved in the rental of fluid solutions equipment primarily used for fluid containment, transfer, and treatment. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. The company also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. It sells its used equipment through its sales force, brokers, and Website, as well as at auctions and directly to manufacturers. As of January 29, 2020, the company operated a network of 1,164 rental locations in North America and 11 in Europe. United Rentals, Inc. was founded in 1997 and is headquartered in Stamford, Connecticut.