BUZZ-Brokerages cuts United Rentals PT on margin concerns

Reuters
2025/10/24
BUZZ-Brokerages cuts United Rentals PT on margin concerns

** Brokerages trim PT on equipment rental firm United Rentals URI.N due to margin pressure and increased capital expenditures

** Jefferies says United Rentals' margin outlook was cut due to higher equipment spending and delivery costs

** Truist notes that co's profitability remains under pressure due to continued growth in lower-margin ancillary services

** Co on Wednesday missed Q3 profit estimates

** However, Citi raise its PT to $1,140 from $1,130, citing strong forward demand for rental products as a key driver of growth

** 15 of 23 brokerages rate the stock "buy" or higher, 7 "hold" and 1 "sell" ; their median PT is $1,022- data compiled by LSEG

** As of last close, shares up 31.6% YTD

Brokerages

New PT

Old PT

Upside from stock's last close

Jefferies

$950

$975

3.9%

Truist

$1,169

$1,194

27.9%

RBC

$1,123

$1,152

22.8%

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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