Citigroup Increases United Rentals Price Target to 985.00
| SPSY Index | 804.29 11.02 1.39% |
About 52% of SP 500's investors are presently thinking to get in. The analysis of the overall investor sentiment regarding SP 500 Financials suggests that some traders are interested. SP 500's investing sentiment overview a quick insight into current market opportunities from investing in SP 500 Financials. Many technical investors use SP 500 Financials index news signals to limit their universe of possible portfolio assets and to time the market correctly.
United Rentals had its price objective boosted by analysts at Citigroup from 955.00 to 985.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a buy rating on the construction companys stock. Citigroups price objective suggests a potential upside of 18.03 percent from the stocks previous
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SP 500 Financials Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SP 500 index to make a market-neutral strategy. Peer analysis of SP 500 could also be used in its relative valuation, which is a method of valuing SP 500 by comparing valuation metrics with similar companies.
Peers
SP 500 Related Equities
| VSTS | Vestis | 5.84 | ||||
| URI | United Rentals | 1.65 | ||||
| CARS | Cars | 0.40 | ||||
| VC | Visteon Corp | 0.26 | ||||
| CAR | Avis Budget | 0.05 | ||||
| CFRLF | China Aircraft | 0.00 |