Stock Rating Downgrade
During the last several trading days the Value Trend Rating for United Rentals Inc. (NYSE: URI) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
United Rentals Inc. (NYSE: URI) stock closed at $819.00 on 10/11/24 after a large increase of 2.0%. This advance was accompanied by normal trading volume. The stock has risen 3.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, URI is expected to continue to be a major Value Builder.
United Rentals has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. United Rentals has a neutral Appreciation Score of 49 but a good Power Rating of 77, leading to the High Neutral Value Trend Rating.
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