Barclays placed an Overweight rating and $82 price target on the U.S. shares of Sunbelt Rentals (SUNB). The company’s “strong” market position and balance sheet support several free cash flow deployment paths at a peer discounted valuation, the analyst tells investors in a research note.
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Read More on SUNB:
- Midday Fly By: Dick’s Sporting, Dollar General report quarterly beats
- Sunbelt Rentals reports Q3 adjusted EPS 78c, consensus 84c
- Sunbelt Rentals narrows FY26 revenue view to up 2%-3% from flat to up 4%
- Sunbelt Rentals price target raised to 5,500 GBp from 5,250 GBp at Jefferies
- Sunbelt Rentals initiated with an Overweight at Barclays
