Herc (NYSE:HRI) Given New $180.00 Price Target at Citigroup

Posted by Brian Himes on Oct 28th, 2026

Herc (NYSE:HRI – Get Free Report) had its price objective increased by stock analysts at Citigroup from $150.00 to $180.00 in a note issued to investors on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Citigroup‘s price target would indicate a potential upside of 8.65% from the company’s previous close.

A number of other research firms also recently commented on HRI. BNP Paribas Exane lifted their target price on Herc from $165.00 to $176.00 and gave the company a “neutral” rating in a research report on Wednesday. Wells Fargo & Company raised their price objective on Herc from $176.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday. Zacks Research raised Herc from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 14th. Robert W. Baird boosted their price objective on shares of Herc from $220.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, KeyCorp upped their target price on shares of Herc from $165.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Herc currently has a consensus rating of “Moderate Buy” and an average price target of $201.57.

View Our Latest Analysis on Herc

Herc Trading Up 6.2%

Shares of HRI stock traded up $9.62 during trading on Wednesday, hitting $165.68. 1,514,504 shares of the stock traded hands, compared to its average volume of 620,149. The firm has a market capitalization of $5.54 billion, a P/E ratio of 112.70 and a beta of 2.04. The company has a debt-to-equity ratio of 4.22, a current ratio of 1.10 and a quick ratio of 1.10. The firm’s fifty day moving average price is $139.13 and its 200-day moving average price is $139.38. Herc has a 52-week low of $88.45 and a 52-week high of $188.35.

Herc (NYSE:HRI – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The transportation company reported $3.91 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $0.99. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Herc had a return on equity of 10.33% and a net margin of 1.01%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.22 earnings per share. As a group, research analysts forecast that Herc will post 7.30 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Herc

Several large investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new stake in Herc in the 2nd quarter valued at about $68,000. State of Wyoming increased its stake in shares of Herc by 21.0% during the first quarter. State of Wyoming now owns 616 shares of the transportation company’s stock worth $61,000 after buying an additional 107 shares during the period. NewEdge Advisors LLC increased its stake in shares of Herc by 61.4% during the first quarter. NewEdge Advisors LLC now owns 694 shares of the transportation company’s stock worth $69,000 after buying an additional 264 shares during the period. Nykredit A S acquired a new stake in shares of Herc in the 2nd quarter valued at $133,000. Finally, Pinnacle Wealth Planning Services Inc. lifted its position in shares of Herc by 67.5% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,414 shares of the transportation company’s stock worth $176,000 after purchasing an additional 570 shares during the last quarter. Hedge funds and other institutional investors own 93.11% of the company’s stock.

Herc News Summary

Here are the key news stories impacting Herc this week:

Positive Sentiment: Strong Q3 earnings: Herc reported adjusted earnings of $3.91 per share, well above the $2.92–$3.08 analyst estimates and up from $2.22 a year earlier. Revenue reached $1.36 billion, slightly exceeding expectations and rising 4.6% year over year. Equipment-rental revenue increased 12%. Herc Holdings Reports Third Quarter 2026 Results and Increases 2026 Full-Year Guidance
Positive Sentiment: Guidance and acquisition execution: Management increased its 2026 full-year guidance, while analysts highlighted improving profitability and synergies from the H&E acquisition. The stronger outlook indicates demand for rental equipment is accelerating and that Herc’s expanded scale may be producing cost benefits. Herc Holdings jumps as earnings beat estimates, outlook rises
Positive Sentiment: Analyst upgrades: JPMorgan raised its price target from $165 to $230 and assigned an “overweight” rating. Robert W. Baird lifted its target from $220 to $240 and retained an “outperform” rating. BNP Paribas Exane raised its target to $176 but remained “neutral,” signaling more limited near-term upside from that firm.
Positive Sentiment: Technical momentum: The stock moved above its 200-day moving average, a development that can attract momentum-oriented investors and reinforce the positive reaction to the earnings report. Herc Shares Break Above 200-Day Moving Average
Neutral Sentiment: Herc will participate in the Baird 2026 Global Industrial Conference on November 10, giving investors another opportunity to hear management discuss demand, integration and financial priorities. Herc to Participate in the Baird 2026 Global Industrial Conference
Negative Sentiment: Leverage remains a risk: Herc’s debt load and high debt-to-equity ratio could constrain flexibility, particularly if rental demand weakens or integration costs remain elevated. Some coverage also noted that portions of the full-year sales outlook remained below expectations, tempering the otherwise strong earnings reaction.

Herc Company Profile

(Get Free Report)

Herc Holdings Inc, operating primarily through the Herc Rentals brand, is an equipment rental supplier serving construction, industrial, commercial and government customers. The company provides access to equipment and related services intended to help customers complete projects without purchasing and maintaining their own fleets.

Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling equipment, trucks and trailers, power generation and climate-control equipment, pumps, and general tools.