Sunbelt Rentals (LON:SUNB) Shares Up 1.5% – Time to Buy?

Sunbelt Rentals Holdings, Inc. (LON:SUNB – Get Free Report)’s stock price was up 1.5% on Wednesday. The company traded as high as GBX 5,722 and last traded at GBX 5,700. 42,038,387 shares traded hands during mid-day trading, an increase of 280% from the average session volume of 11,063,244 shares. The stock had previously closed at GBX 5,616.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “hold” rating and set a GBX 5,800 target price on shares of Sunbelt Rentals in a research report on Tuesday, September 1st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Sunbelt Rentals presently has a consensus rating of “Hold” and a consensus price target of GBX 5,800.

View Our Latest Report on Sunbelt Rentals

Sunbelt Rentals Stock Performance

The firm has a market capitalization of £22.78 billion and a PE ratio of 17.64. The stock’s fifty day simple moving average is GBX 5,539.83.

Sunbelt Rentals Holdings, Inc is an industrials company in the Trading Companies & Distributors industry.

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