BNP Paribas Rates United Rentals (URI) buy, $1,320 Price Target
BNP Paribas raised its rating on United Rentals to buy, setting a $1,320 target, a 17.68% upside from the current price.
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BNP Paribas rated United Rentals, Inc. ($URI) "buy" with a $1,320 price target on June 29, 2026.
Since the rating, $URI is down 2.0% after 1 week, down 6.0% after 1 month and down 8.1% to date (from the $1,120.74 close on Jun 29, 2026).
Key Points
- BNP Paribas upgraded United Rentals (NYSE:URI) to a buy rating with a $1,320 price target on June 29, 2026.
- BNP Paribas's $1,320 price target implies 17.68% upside from United Rentals, Inc.'s ($URI) current $1,121.68 share price.
- Shares of United Rentals traded near $1,118.1 on Monday, with a market cap of $70.3 billion and a P/E ratio of 28.7.
- Recent insider buying included six executives purchasing 203 shares each at an average price of $937 on May 8, 2026.
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BNP Paribas has upgraded its rating on United Rentals, Inc. (NYSE:URI) to "buy," with a new price target of $1,320. This change was announced on June 29, 2026, by analyst Seth Weber. On Monday, United Rentals' shares traded near $1,118.1.
United Rentals, Inc. Stock Up 7.1%
Shares of United Rentals, Inc. (NYSE:URI) traded near $1,118.1 on Monday. The company, which has a market cap of approximately $70.3 billion, boasts a P/E ratio of 28.7 and a forward P/E of 20.8. United Rentals' beta is 1.82, indicating higher volatility compared to the market. Over the past 52 weeks, the stock has ranged from $701.59 to $1,143.69, with a 50-day moving average of $983.63 and a 200-day moving average of $888.46.
$URI price target
United Rentals, Inc. daily closes and this analyst's $1,320 target. Not advice.
Recent Earnings
In its latest earnings report, United Rentals posted revenue of $16.36 billion, reflecting a growth rate of 7.2%. The company's net margin stood at 15.3%, with a return on equity of 28.2%. Earnings per share were reported at $39.15. The next earnings release is scheduled for July 22, 2026.
Dividend
United Rentals offers an annual dividend rate of $7.88, yielding 0.7% based on current prices. The dividend payout ratio is 18.76%, indicating a conservative approach to dividend payments.
Insider Buying and Selling at United Rentals, Inc.
On May 8, 2026, several insiders at United Rentals made stock purchases. Bruno Marc, Julie Heuer Brandt, Alexander Taussig, Larry De Shon, Francisco Lopez-Balboa, and Kim Harris Jones each bought 203 shares at an average price of $937. These transactions were not part of any pre-planned trading programs.
Analysts Set New Price Targets
On June 29, 2026, BNP Paribas upgraded United Rentals to a "buy" rating, setting a price target of $1,320. This aligns with recent actions from other firms, such as Keybanc and B of A Securities, which maintained their "buy" ratings with targets of $1,250 and $1,195, respectively. The consensus among analysts is a "buy" rating, with a mean price target of $1,104.52 based on 21 analyst opinions.
About United Rentals, Inc.
United Rentals, Inc. is a leading equipment rental company operating in the United States, Canada, Europe, Australia, and New Zealand. The company provides a wide range of construction and industrial equipment through its General Rentals and Specialty segments. Headquartered in Stamford, Connecticut, United Rentals is led by CEO Matthew J. Flannery and employs approximately 28,500 people.
Bottom Line
BNP Paribas's upgrade of United Rentals to "buy," along with a new price target of $1,320, suggests confidence in the company's prospects. Investors will be watching how United Rentals performs in light of this positive analyst sentiment. Keep in mind, 13F filings and analyst ratings are backward-looking and reflect past opinions, not necessarily current conditions.
Source: BNP Paribas's rating change on $URI (Jun 29, 2026). Written by software, not financial advice. How we make alerts