Shares of United Rentals Inc. (URI) Rise Above Previous 52-Week High

November 2, 2021 11:20:14

United Rentals Inc. (NYSE:URI) traded today at a new 52-week high of $391.66. Approximately 199,000 shares have changed hands today, as compared to an average 30-day volume of 623,000 shares.

Based on a current price of $386.32, United Rentals Inc. is currently 27.6% above its average consensus analyst price target of $279.61.

United Rentals Inc is an equipment rental company. The company’s operating segment includes General rentals and Trench, power and fluid solutions. Its General rentals are subdivided into General construction and industrial equipment; Aerial work platforms and General tools and light equipment. The Trench, power and fluid solutions are subdivided into Power and HVAC equipment; Trench safety equipment, and Fluid solutions equipment. It generates maximum revenue from the General construction and industrial equipment from the General rentals segment. The General construction and industrial equipment include such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment.

In the past 52 weeks, United Rentals Inc. share prices are bracketed by a low of $178.85 and a high of $391.66 and is now at $386.32, 116% above that low price.

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