United Rentals (URI) has been attracting attention for strong financial performance, consistent expansion, several large-scale projects, and steady growth. The company is gaining traction in the marketplace, closing increments of stock purchases by companies, including
Miracle Mile Advisors, PGGM Investments, Envestnet Portfolio Solutions, Great Valley Advisor Group, Assenagon Asset Management, RFG Advisory LLC, and Diversified Trust Co, among others. Over the past five years, investors have seen tremendous returns of up to
534%. Predictions of
$670.92 Average Price Target from Brokerages have swirled. Despite minor divestitures,
Sequoia Financial Advisors and Atomi Financial Group Inc. have been growing their holdings in URI. In addition, larger corporations expect Q3 2024 earnings to meet expectations and even URI's Q1 Revenue outdid projections, leading to an increase in 2024 guidance. Due to the Company's consistent growth, performance, and practices, URI has found itself on the move, setting new 12-month highs. However, insider selling, including that by SVP
Joli Gross, hints at a potential weakness.
United Rentals URI News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sun, 18 Aug 2024 13:04:18 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
