In a recent adjustment to its stock evaluations, Morgan Stanley has upgraded United Rentals (URI, Financial) from Equal Weight to Overweight. However, it has also revised the company's price target down to $702 from the previous $765. This decision reflects a re-assessment of the broader economic landscape, with adjustments in the 2025 projections for machinery and construction sectors.
In response to prevailing market conditions and potential recessionary impacts, Morgan Stanley has revised its bear case projections. The firm has recalibrated its ratings based on a comprehensive risk/reward analysis, factoring in tariff risks and demand dynamics. This revision is intended to better align with perceived market positioning and expectations, which may already be on the conservative side.
As investors digest these changes, Morgan Stanley aims to provide a clearer picture of United Rentals' potential for risk-adjusted returns in what it describes as a "dynamic macro backdrop." The updated stance underscores the firm's confidence in United Rentals' strategic positioning despite the reduced price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for United Rentals Inc (URI, Financial) is $705.51 with a high estimate of $974.00 and a low estimate of $485.00. The average target implies an upside of 18.14% from the current price of $597.18. More detailed estimate data can be found on the United Rentals Inc (URI) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, United Rentals Inc's (URI, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for United Rentals Inc (URI, Financial) in one year is $616.48, suggesting a upside of 3.23% from the current price of $597.18. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the United Rentals Inc (URI) Summary page.
