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H&E Equipment Services Inc has a consensus price target of $61.5 based on the ratings of 6 analysts. The high is $63 issued by Wells Fargo on February 23, 2024. The low is $60 issued by UBS on August 14, 2024. The 3 most-recent analyst ratings were released by UBS, Stifel, and UBS on August 14, 2024, July 31, 2024, and May 24, 2024, respectively. With an average price target of $61.67 between UBS, Stifel, and UBS, there's an implied 27.46% upside for H&E Equipment Services Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for H&E Equipment Servs (NASDAQ:HEES) was reported by UBS on August 14, 2024. The analyst firm set a price target for $60.00 expecting HEES to rise to within 12 months (a possible 24.02% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for H&E Equipment Servs (NASDAQ:HEES) was provided by UBS, and H&E Equipment Servs maintained their buy rating.
The last upgrade for H&E Equipment Services Inc happened on March 8, 2022 when UBS raised their price target to $48. UBS previously had a neutral for H&E Equipment Services Inc.
There is no last downgrade for H&E Equipment Servs.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of H&E Equipment Servs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for H&E Equipment Servs was filed on August 14, 2024 so you should expect the next rating to be made available sometime around August 14, 2025.
While ratings are subjective and will change, the latest H&E Equipment Servs (HEES) rating was a maintained with a price target of $63.00 to $60.00. The current price H&E Equipment Servs (HEES) is trading at is $48.38, which is out of the analyst’s predicted range.
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