In a report released today, Mircea Dobre from Robert W. Baird maintained a Hold rating on Herc Holdings (HRI – Research Report). The company’s shares closed today at $113.70.
According to TipRanks, Dobre is a 5-star analyst with an average return of 11.2% and a 48.89% success rate. Dobre covers the Industrials sector, focusing on stocks such as Parker Hannifin, Agco, and Herc Holdings.
The word on The Street in general, suggests a Hold analyst consensus rating for Herc Holdings with a $130.50 average price target.
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HRI market cap is currently $3.01B and has a P/E ratio of 8.74.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HRI in relation to earlier this year.
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Herc Holdings (HRI) Company Description:
Herc Holdings, Inc., engages as a equipment rental suppliers. It operates through the United States, and International geographical segments. It offers equipment rental, used equipment sales, solutions, account management, and credit application. The company was founded in 1965 and is headquartered in Bonita Springs, FL.
Read More on HRI:
- Herc Holdings price target lowered to $150 from $165 at Wells Fargo
- Herc Holdings price target lowered to $150 from $170 at KeyBanc
- Herc Holdings price target raised to $117 from $116 at Baird
- Herc Holdings price target lowered to $105 from $130 at BofA
- Herc Holdings narrows FY23 adjusted EBITDA view to $1.45B-$1.50B
