Ashtead Group (OTCMKTS:ASHTF)‘s stock had its “outperform” rating reissued by investment analysts at RBC Capital Markets in a research report issued on Thursday.
Several other research firms also recently issued reports on ASHTF. Beaufort Securities reiterated a “buy” rating on shares of Ashtead Group in a research note on Wednesday, June 15th. BNP Paribas downgraded shares of Ashtead Group from an “outperform” rating to a “neutral” rating in a research note on Monday, June 27th. Jefferies Group reiterated a “buy” rating and set a $1,385.00 price objective on shares of Ashtead Group in a research note on Thursday, August 25th. Credit Suisse Group AG upgraded shares of Ashtead Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, September 27th. Finally, Peel Hunt reiterated a “buy” rating on shares of Ashtead Group in a research note on Thursday. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $1,107.50.
Shares of Ashtead Group (OTCMKTS:ASHTF) opened at 16.295 on Thursday. The company’s 50-day moving average is $16.25 and its 200 day moving average is $14.56. Ashtead Group has a 52 week low of $11.00 and a 52 week high of $17.07. The firm has a market capitalization of $8.14 billion and a price-to-earnings ratio of 15.243.
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