Herc Holdings (HRI) Receives a Buy from RBC Capital

By Ryan Adsit

In a report issued on June 25, Seth Weber from RBC Capital maintained a Buy rating on Herc Holdings (HRIResearch Report), with a price target of $30.00. The company’s shares closed last Monday at $30.11.

According to TipRanks.com, Weber is a 4-star analyst with an average return of 7.5% and a 55.1% success rate. Weber covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Manitowoc Company, and Caterpillar.

Herc Holdings has an analyst consensus of Strong Buy, with a price target consensus of $36.67.

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Herc Holdings’ market cap is currently $831.4M and has a P/E ratio of 16.40. The company has a Price to Book ratio of 3.48.

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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.