United Rentals traded at $1,056.58 this Wednesday June 3rd, increasing $61.76 or 6.21 percent since the previous trading session. Looking back, over the last four weeks, United Rentals gained 14.20 percent. Over the last 12 months, its price rose by 51.68 percent. Looking ahead, we forecast United Rentals to be priced at 975.86 by the end of this quarter and at 918.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
United Rentals, Inc. is a holding company that is engaged in the equipment rental business. The Company rents equipment to a varied customer base that includes construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities in the United States, Canada, and Europe. The Company’s segments include general rentals and trench, power and fluid solutions. The general rentals segment includes the rental of general construction and industrial equipment, and material handling equipment, aerial work platforms, such as boom lifts and scissor lifts, and general tools and light equipment, such as pressure washers, water pumps, and power tools. The trench, power and fluid solutions segment includes the rental of specialty construction products such as trench safety equipment, including trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work.