Analyst Price Target is $69.25
▼ -21.37% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for H&E Equipment Services in the last 3 months. The average price target is $69.25, with a high forecast of $92.00 and a low forecast of $60.00. The average price target represents a -21.37% upside from the last price of $88.07.
Current Consensus is
Moderate Buy
The current consensus among 6 investment analysts is to moderate buy stock in H&E Equipment Services. This rating has held steady since June 2024, when it changed from a Buy consensus rating.
H&E Equipment Services, Inc. engages in the provision of equipment services, which focus on heavy construction and industrial equipment. It operates through the following segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Services. The Equipment Rentals segment focuses on renting construction and industrial equipment. The New Equipment Sales segment is involved in selling new equipment in product categories. The Used Equipment Sales segment offers rental fleet and inventoried equipment that are acquired through trade-ins and through purchases of high quality used equipment. The Parts Sales segment includes new and used parts for the equipment and rental fleet. The Services segment operation provides maintenance and repair services for customers’ equipment and to rental fleet. The company was founded by Tom Engquist and Frank Head in 1961 and is headquartered in Baton Rouge, LA.
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