United Rentals Inc. (NYSE: URI) stock closed at $880.32 on 11/6/24 after a major increase of 10.3%. Moreover, this advance was accompanied by exceptionally high trading volume at 336% of normal. The stock has been strong relative to the market over the last nine months and has risen 8.4% during the last week.
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 B (Positive). 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 81, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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